Press Release

EMERYVILLE, Calif., June 05, 2018 (GLOBE NEWSWIRE) -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ:NMIH) announces that T.J. Lile and Elaine Till have been named to HousingWire’s Rising Stars recognition program. The program is among the industry's first to recognize young mortgage and housing industry professionals—40 years old or younger--that have become leaders in their respective fields.

Elaine Till T.J. Lile

Recipients for this year's awards were selected from hundreds of nominations received by HousingWire editors during an open nomination period. The 46 winners are featured in the June issue of HousingWire magazine and represent a variety of occupations within the housing industry.

“This year’s Rising Stars list represents the only independent award for young professionals in the mortgage space,” said Jacob Gaffney, editor-in-chief of HousingWire. “It’s a comprehensive snapshot of who’s who in our business and the most impressive list to date.”

“National MI is delighted that Elaine and T.J. have been recognized as Rising Stars by HousingWire,” said Mike Dirrane, chief sales officer of National MI. “Both are sales leaders and have been instrumental in National MI’s growth and success.”

Five years after joining National Mortgage Insurance Corporation as an account manager in 2013, T.J. has risen through the ranks to become one of the company’s brightest stars and biggest sales producers. He was recently promoted to vice president, national accounts, responsible for managing relationships with 11 nationwide mortgage lenders—each of which are among the top 25 lenders in the country.

“I am honored to be recognized with this award from HousingWire and I look forward to continued success with National MI,” the 35-year-old Lile said.

Initially hired to work as a senior specialist in National MI’s Solution Center, the 28-year-old Till has since moved on to three other positions, with moves from California to Seattle, WA and Oregon along the way. “When she started in the Solution Center, Elaine stood out immediately and quickly rose through the ranks,” says Christina Bartning, vice president of marketing and client solutions with National MI. “Elaine is someone to watch.”

Lile and Till were among the first employees hired in 2013 when National MI was launched, and they have witnessed it grow from a start-up to a solid, profitable player in the mortgage insurance industry. National MI delivered record first quarter financial results earlier this year, including new insurance written of $6.5 billion, record net premiums earned of $54.9 million, record net income of $22.4 million, and record return-on-equity of 16.1%.

“I’m thrilled to be recognized with this honor by HousingWire,” Till said. “I truly enjoy what I do and I believe this award is a reflection of that.”

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.

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 press release 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 Securities and Exchange Commission.  We have based these forward–looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, operating results, business strategy and financial needs. All forward–looking statements are necessarily only estimates of future results, and actual results may differ materially from expectations. You are, therefore, cautioned not to place undue reliance on such statements. We do not undertake, and specifically disclaim, any obligation to revise any forward-looking statements to reflect the occurrence of future events or circumstances.

Press Contact
Mary McGarity
Strategic Vantage Marketing & 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

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/59ff2026-57b2-4517-9ba3-4348234ec23a

http://www.globenewswire.com/NewsRoom/AttachmentNg/d1544d39-5f37-4aa1-98da-b40b1b96df0f

Source: NMI Holdings Inc