Press Release

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 leaders in their respective fields within housing and mortgage finance -- those whose leadership is moving markets forward. The 2016 Vanguard Awards honored 40 executives selected by the HousingWire editorial staff based on tangible leadership within their companies and the industry at large.

"I'm pleased to receive HousingWire's HW 2016 Vanguard Award and to be a part of this select list of industry executives," said Bradley Shuster, CEO of National MI. "National MI is furthering the American Dream of homeownership through our innovative mortgage insurance products and excellent service to mortgage lenders. It's an honor to lead the company and to be recognized for our efforts."

"The HW Vanguards continued to impress going into its second year; the winners are second-to-none and this list represents the finest cross section of mortgage talent available," said Jacob Gaffney, HousingWire's editor-in-chief.

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.

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Press Contact
Mary McGarity
Vice President
Strategic Vantage Marketing & Public Relations
203-513-2721
MaryMcGarity@StrategicVantage.com

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

Source: National Mortgage Insurance Corporation

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