Press Releases

General Releases
National MI Named to Fortune's List of Best Workplaces in Financial Services & Insurance
EMERYVILLE, CA -- (Marketwired) -- 03/28/17 -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) was today named to Fortune Magazine's list of the "40 Best Workplaces in Financial Services & Insurance." Fortune Magazine partners with Great Place to Work to come ...
NMI Holdings, Inc. Nominates Regina Muehlhauser to its Board of Directors
EMERYVILLE, CA -- (Marketwired) -- 03/27/17 -- NMI Holdings, Inc. (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corp. (National MI), has nominated Regina Muehlhauser, 68, to its board of directors, filling a vacancy on the board, which remains at seven members. She will stand for election at the company's annual meeting of stoc...
National Mortgage Insurance Corporation Upgraded by Moody's
EMERYVILLE, CA -- (Marketwired) -- 03/27/17 -- National Mortgage Insurance Corporation, "National MI," announced today that Moody's Investors Service has upgraded its insurance financial strength (IFS) rating to Ba1 from Ba2. Moody's has also assigned a B1 rating to the recently amended $150 million senior secured term loan of National MI's parent...
National MI to Host Leadership Roundtable in Northern California
EMERYVILLE, CA -- (Marketwired) -- 03/23/17 -- Leading industry experts will gather to discuss the current state of the mortgage industry at the Northern California Mortgage Leadership Roundtable on April 7, 2017 at Wente Vineyards in Livermore, CA. The free event is being hosted by National MI, a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH) a ...
National MI's Robin Logan, Jason Wroble Named to Local MBA Boards
EMERYVILLE, CA -- (Marketwired) -- 02/23/17 -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) announces that Kansas and Western Missouri account manager Robin Logan has been named to the board of directors of the Mortgage Bankers Association of Greater Kansas City (MBAKC). The co...
NMI Holdings, Inc. Reports Fourth Quarter Net Income of $61.6 Million
EMERYVILLE, CA -- (Marketwired) -- 02/15/17 -- NMI Holdings, Inc. (NASDAQ: NMIH) today reported net income of $61.6 million, or $1.01 per share, for the fourth quarter ended Dec. 31, 2016. Results for the quarter include a tax benefit of $54.5 million resulting from reversal of the valuation allowance on the company's deferred tax asset and a c...
NMI Holdings, Inc. Reduces Interest Rate and Extends Maturity of Term Loan
EMERYVILLE, CA -- (Marketwired) -- 02/10/17 -- NMI Holdings, Inc., (NASDAQ: NMIH) announced today that it has amended its existing Term Loan B, originated in November 2015, to reduce the interest rate and extend its maturity date. The interest rate for Libor-based loans was reduced from Libor plus 7.50% to Libor plus 6.75%. The maturity of the loa...
Glenn Farrell to Step Down as Chief Financial Officer of NMI Holdings, Inc. as of May 2017; Adam Pollitzer Named to Succeed Farrell as Next CFO
EMERYVILLE, CA -- (Marketwired) -- 02/03/17 -- NMI Holdings, Inc., (NASDAQ: NMIH) announced today that Glenn Farrell, 64, executive vice president and chief financial officer, plans to retire on July 31, 2017. Adam Pollitzer, 37, formerly of J.P Morgan Securities LLC, has been named to succeed Mr. Farrell as the company's next executive vice presid...
NMI Holdings, Inc. to Announce Fourth Quarter 2016 Financial Results on February 15, 2017
EMERYVILLE, CA -- (Marketwired) -- 01/19/17 -- NMI Holdings, Inc. (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it will report results for its fourth quarter and year ended Dec. 31, 2016 after the market close on Wednesday, February 15, 2017. The com...
National MI Helps Mortgage Lenders Reach Out to Multicultural Home Buyers
EMERYVILLE, CA -- (Marketwired) -- 01/17/17 -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc.(NASDAQ: NMIH), is helping to educate mortgage lenders on how to best reach out to multicultural borrowers. The company is educating lenders through speaking engagements, webinars and social media. For the second y...
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