NMI Holdings, Inc. (NASDAQ:NMIH) Q1 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Adam Pollitzer ??? President and Chief Executive Officer Brad Shuster ??? Executive Chairman Ravi Mallela ??? Chief Financial Officer Julie Norberg ??? Controller and Chief Accounting Officer John Swenson ??? Vice President, Investor Relations and Treasury Conference Call Participants Mark DeVries ??? Barclays Rick Shane ??? JPMorgan Bose George ??? Keefe, Bruyette & Woods Ryan Gilbert ??? Bandwidth ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 NMI Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 45-4914248 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-36174 2100 Powell St ...

NMI Holdings, Inc. (NASDAQ:NMIH) Q4 2021 Earnings Conference Call February 15, 2022 5:00 PM ET Company Participants John Swenson - Vice President, Investor Relations and Treasury Brad Shuster - Executive Chairman Adam Pollitzer - President and Chief Executive Officer Ravi Mallela - Chief Financial Officer Julie Norberg - Controller and Chief Accounting Officer Conference Call Participants Mark DeVries - Barclays Rick Shane - JPMorgan Doug Harter - Credit Suisse Bose George - KBW Cullen Johnson - B. Riley Se ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-36174 NMI Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 45-4914248 (State or other jurisdiction of inc ...

NMI Holdings, Inc. (NASDAQ:NMIH) Q3 2021 Earnings Conference Call November 2, 2021 5:00 PM ET Company Participants John Swenson - Vice President of Investor Relations & Treasury Brad Shuster - Executive Chairman Claudia Merkle - Chief Executive Officer Adam Pollitzer - Chief Financial Officer Conference Call Participants Mark Devries - Barclays Doug Harter - Credit Suisse Rick Shane - JPMorgan Colin Johnson - B. Riley Bose George - KBW Mark Hughes - Truist Ryan Gilbert - BTIG Operator Good afternoon, ladies ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-36174 NMI Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 45-4914248 2100 Powel ...

NMI Holdings, Inc. (NASDAQ:NMIH) Q2 2021 Earnings Conference Call August 3, 2021 5:00 PM ET Company Participants John Swenson - VP, IR and Treasury Brad Shuster - Executive Chairman Claudia Merkle - CEO Adam Pollitzer - CFO Julie Norberg - Controller Conference Call Participants Doug Harter - Credit Suisse Bose George - KBW Rick Shane - JPMorgan Colin Johnson - B. Riley Securities Mark Hughes - Truist Ryan Gilbert - BTIG Geoffrey Dunn - Dowling & Partners Operator Good day and thank you for standing by and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-36174 NMI Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 45-4914248 2100 Powell Str ...

Financial Data and Key Metrics Changes - The company reported a GAAP net income of $52.9 million or $0.61 per diluted share, and adjusted net income of $53.4 million or $0.62 per diluted share [15][31] - GAAP return on equity was 15.4% for the quarter, while adjusted return on equity was 15.5% [15][22] - Net premiums earned were $105.9 million, up 5% from $100.7 million in the previous quarter [25] - The loss ratio, defined as claims expense divided by net premiums earned, was 4.7% [30] Business Line Data and Key Metrics Changes - The company achieved record new insurance written (NIW) of $26.4 billion, up 33% from the fourth quarter and 134% compared to the first quarter of 2020 [16][22] - Purchase originations accounted for 68% of the total volume in the quarter [22] - Primary insurance in force was $123.8 billion, up 11% from $111.3 billion at the end of the fourth quarter and up 26% compared to the first quarter of 2020 [23] Market Data and Key Metrics Changes - The company activated 24 new lenders, bringing the total to over 1,200 high-quality originators, including 179 of the top 200 lenders nationwide [17] - The 12-month persistency in the primary portfolio was 52%, down from 56% in the fourth quarter, primarily due to refinancing activity [23] Company Strategy and Development Direction - The company remains focused on helping all lenders equally and supporting borrowers on consistent terms across the market [17] - The strategy includes leveraging technology and digitization to enhance engagement with lenders and deepen customer relationships [19][60] - The company aims to responsibly deploy capital and drive value with consistency over time [20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economic recovery and the housing market's resiliency, noting that the stress from the COVID pandemic is receding [7][10] - The company anticipates improving credit performance as the broader economy recovers and vaccination efforts continue [29] - Management highlighted the importance of maintaining credit discipline and risk-adjusted returns while navigating the changing market dynamics [19][55] Other Important Information - The company reported total cash and investments of $1.9 billion at quarter end, with shareholders' equity at $1.4 billion, up 14% compared to the first quarter of 2020 [33] - The company completed a $367 million ILN offering, which is its largest to date, providing coverage on risk originated primarily between October 1, 2020, and March 31, 2021 [32] Q&A Session Summary Question: Thoughts on deploying the premier's access over time - The company aims to invest in its core business and write high-quality business expected to generate strong mid-teens returns [39] Question: Updates on pricing trends across the industry - The pricing environment remains constructive, with attractive unit economics and expected returns on new business [40] Question: Drivers of premium yield decline during the quarter - The decline in yield was primarily due to a decrease in cancellation earnings and growth in insurance in force [44] Question: Sustainability of market share growth - The company has built a strong lender base over the years, and digital engagement has significantly contributed to its record NIW [46][47] Question: Expectations for operating expenses - The company expects a modest increase in operating expenses as it continues to invest in growth [51] Question: Impact of new lenders on NIW growth - The activation of new lenders is crucial for success, and the company sees continued opportunities for growth [97]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-36174 NMI Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 45-4914248 (State or othe ...