Press Release

EMERYVILLE, CA -- (Marketwired) -- 09/06/16 -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) announces that Michelle Schuchart, sales support specialist, has received an Insider Award™ from HousingWire. The HW Insiders Awards recognize an organization's "operational all-stars -- those insiders that are a company's best-kept secret, yet vital to its success," according to HousingWire.

"I'm very honored to be named to HousingWire's Insider Award list," Schuchart said. "I'm pleased to have the opportunity to support National MI's wonderful sales team, and to know that my work has helped with its success."

As one of National MI's sales support specialists, Schuchart backs and assists its entire sales force across the country. She has been with National MI since the company's inception in 2012.

According to Trevor Grant, vice president of sales force effectiveness, "Michelle is the go-to person for everyone on the team because she consistently demonstrates her leadership, strategic thinking and unwavering support to our nationwide sales team, which helps us provide a superior experience for National MI's customers."

Michelle is regularly acknowledged for her contributions and dedication, and was also one of only six employees to receive National MI's Pinnacle award earlier this year. She was commended for her commitment to her job and her overall contribution to the company. The Pinnacle awards are voted on by National MI's executive leadership team.

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
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

Source: National Mortgage Insurance Corporation

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