Press Releases

General Releases
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...
National MI's Bradley Shuster Awarded with HousingWire 2016 Vanguard Award
EMERYVILLE, CA -- (Marketwired) -- 12/01/16 -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc.(NASDAQ: NMIH), today announced that CEO Bradley Shuster has been selected for a HousingWire HW 2016 Vanguard Award. The HW Vanguard Award recognizes C-level and business unit executives who have become ...
NMI Holdings, Inc. to Present at JP Morgan Fintech & Specialty Finance Forum
EMERYVILLE, CA -- (Marketwired) -- 11/22/16 -- NMI Holdings, Inc. (NASDAQ: NMIH), the holding company of National Mortgage Insurance Corporation (National MI), today announced that Bradley Shuster, Chairman & CEO, and Glenn Farrell, Chief Financial Officer, will present at the JP Morgan Fintech & Specialty Finance Forum in New York City on Nov. 30...
National MI's Michael Dirrane Appointed by Massachusetts Governor Baker as Chairman of MassHousing
EMERYVILLE, CA -- (Marketwired) -- 11/07/16 -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc.(NASDAQ: NMIH), announced that Michael J. Dirrane, senior managing director and chief sales officer of National MI, has been appointed chairman of MassHousing, a Boston-based affordable housing agency. Massachuse...
NMI Holdings, Inc. Reports Record Third Quarter Net Income of $6.2 Million
EMERYVILLE, CA -- (Marketwired) -- 11/01/16 -- NMI Holdings, Inc. (NASDAQ: NMIH) today reported net income of $6.2 million, or $0.10 per share, for the third quarter ended Sep. 30, 2016. This compares with net income of $2.0 million, or $0.03 per share, in the prior quarter and a net loss of ($4.8) million, or ($0.08) per share, in the third qu...
NMI Holdings Investor Day Scheduled for November 18 in New York City, Guest Speaker Ivy Zelman Will Deliver Her 2017 Housing Outlook
EMERYVILLE, CA -- (Marketwired) -- 10/24/16 -- NMI Holdings, Inc., (NASDAQ: NMIH), will be hosting its 2016 investor day on Friday, November 18, 2016 at the St. Regis Hotel in New York City. Special guest Ivy Zelman of Zelman & Associates will kick-off the event with a presentation of her 2017 housing market outlook. The event will be we...
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