NMI Holdings, Inc.

NMI Holdings, Inc. provides private mortgage insurance through its insurance subsidiaries to protect mortgage lenders and investors from losses caused by borrower defaults on residential mortgages. The company focuses primarily on high-loan-to-value first-lien mortgages for owner-occupied single-family homes. Through its subsidiary NMIS, it also offers outsourced loan review services to mortgage originators to assess underwriting compliance. NMI Holdings serves a diverse customer base of mortgage lenders, categorized into National Accounts and Regional Accounts, including regional and national mortgage banks, credit unions, community banks, builder-owned lenders, and internet-sourced lenders.

Operating strictly within the United States, all of the company's customer revenues originate domestically. The primary insurance operating subsidiary is licensed to write mortgage insurance coverage across all 50 states and the District of Columbia. As of December 31, 2025, the company had established master policy agreements with 2,193 lender customers and employed 225 full-time and part-time personnel. The provided text does not state the company's headquarters location.

Summary of the business section of NMI's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had 225 employees.”