National MI Ranked #1 on HousingWire's List of Fastest-Growing Companies
National MI secured the top spot on the 2015 HW Fast50 with year-over-year growth of 299.5%, according to HousingWire. Last year, National MI was ranked by HousingWire as the second fastest-growing company in the housing economy.
"Considering the enormous changes taking place in today's housing industry, we are very pleased to be number one on the list of fastest-growing companies in the housing sector," said
So far this year, National MI has had significant growth in new insurance written (NIW) of $4.2 billion for the first six months of 2015 and has continued to grow. "We believe our rapid growth reflects customers' favorable response to our distinctive value proposition, which includes the National MI Safeguard® certainty of coverage after 12 months," Shuster said.
At the end of the second quarter of this year, National MI had
The company has also grown in terms of new customers added. Since opening its doors in 2013 through
The 2015 HW Fast50™ is featured in the October/
About National MI
Cautionary Note Regarding Forward Looking Statements
This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements about future, not past, events and involve certain important risks and uncertainties, any of which could cause our actual results to differ materially from those expressed in our forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding National MI's positioning for future performance. Any or all of our forward-looking statements in this presentation may turn out to be inaccurate. More information about the risks, uncertainties and assumptions affecting National MI can be
found in the risk factors and forward-looking statements cautionary language contained in our Annual Report on Form 10-K and in other filings made with the
Vice President, Investor Relations and Treasury
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