Press Release

National MI Enhances Its Sales Force with Two Veteran Mortgage Industry Sales Executives

Jul 01, 2015
National MI Enhances Its Sales Force with Two Veteran Mortgage Industry Sales Executives 38.8 KB

EMERYVILLE, Calif., July 1, 2015 /PRNewswire/ -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) announces the addition of two industry veterans to its sales force. Milan Kosanovich and Karen Kennedy Page were hired as vice presidents, national account managers. In addition, National MI announces that Jimmy McGurk and Tracy Whipple have each been promoted to vice president, national account manager. The new hires and the promotions strengthen the company's national account sales team.

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 the District of Columbia. To learn more about National MI, visit www.nationalmi.com (http://www.nationalmi.com).

Kosanovich has over 22 years of experience in financial services sales, most recently as a vice president at Broadbridge Financial Solutions. Prior to that, he was sales manager for the Eastern division at a large national lender. Kosanovich is based in Florida.

Page has over 15 years of mortgage and private mortgage insurance experience. Previously she served as an account manager with the correspondent division of a large national lender, as well as in several sales and marketing positions at a private mortgage insurance company. Page is based in New York.

McGurk has 20 years of mortgage and private mortgage insurance industry experience. He served as vice president of business development for PCV Murcor/Vendor Resource Management, and previously was a vice president of national accounts at a private mortgage insurance company. McGurk is based in the Dallas-Fort Worth region.

Whipple has 14 years of mortgage industry experience. She has served in managerial sales roles at a mortgage lender and at two large mortgage servicers. Whipple is based in northern California.

"We are very pleased to add Milan and Karen as senior sales leaders and to announce the promotions of Tracy and Jimmy," said Michael J. Dirrane, National MI's chief sales officer. "All four sales executives bring exceptional experience to their new roles. They will add tremendous value to our sales team as National MI continues to expand our customer base."

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

Investor Contact
John M. Swenson
Vice President, Investor Relations and Treasury
john.swenson@nationalmi.com 
(510) 788-8417

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SOURCE NMI Holdings, Inc.

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