Press Release

National MI Submits Response on Proposed Private Mortgage Insurer Eligibility Requirements

Sep 10, 2014

EMERYVILLE, Calif., Sept. 10, 2014 /PRNewswire/ -- National MI submitted its comments on the newly proposed Private Mortgage Insurer Eligibility Requirements (PMIERs) to the Federal Housing Finance Agency (FHFA) earlier this week. The PMIERs will be used by Fannie Mae and Freddie Mac to approve private mortgage insurers that provide mortgage insurance on GSE owned or guaranteed loans.

Founded in 2012, National Mortgage Insurance Corporation (National MI) is headquartered in Emeryville, California, in the San Francisco Bay Area. NMI Holdings, Inc., National MI's parent company, raised over $500 million of capital in a private placement of its securities in 
April 2012 and is led by an experienced management team. National MI has received approval from Fannie Mae and Freddie Mac as a qualified mortgage insurer, and has been approved to provide mortgage insurance in 50 states and...

National MI's comment letter on the proposed PMIERs may be found at: http://www.nationalmi.com/wp-content/uploads/2014/09/PMIers.pdf

About National MI
National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. To learn more, please visit www.nationalmi.com.

Press Contact
Mary McGarity
Strategic Vantage Mortgage Public Relations 
(203) 513-2721 
MaryMcGarity@StrategicVantage.com  

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SOURCE NMI Holdings, Inc.

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