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, 2023 OR (Exact name of registrant as specified in its charter) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Delaware 45-4914248 Commission file number 001-36174 (State or other jurisdiction of incorporation or org ...

Financial Performance - Net premiums earned for Q3 2023 were $130,089 thousand, a 9.8% increase from $118,317 thousand in Q3 2022; for the nine months ended September 30, 2023, net premiums earned were $377,828 thousand, up 6.2% from $355,682 thousand in the same period of 2022 [21]. - Net income for Q3 2023 was $83,955 thousand, up 9.2% from $76,838 thousand in Q3 2022; for the nine months, net income increased to $238,697 thousand from $219,962 thousand, a 8.5% increase [21]. - Earnings per share (EPS) for Q3 2023 were $1.02 (basic) and $1.00 (diluted), compared to $0.91 and $0.90 in Q3 2022, reflecting a 12.1% and 11.1% increase respectively [21]. - Total revenues for the nine months ended September 30, 2023, reached $427,623,000, up from $390,238,000 in the same period of 2022, reflecting a year-over-year increase of 9.6% [213]. - Adjusted net income for the nine months ended September 30, 2023, was $238,723,000, up from $218,636,000 in the same period of 2022, a growth of 9.2% [213]. - Basic earnings per share rose to $1.02 in Q3 2023 from $0.91 in Q3 2022, an increase of 12.1% [213]. - Income before income taxes for the nine months ended September 30, 2023, was $307,522,000, compared to $282,525,000 in the same period of 2022, an increase of 8.8% [213]. Asset and Liability Management - Total assets increased to $2,762,031 thousand as of September 30, 2023, up from $2,516,030 thousand as of December 31, 2022, representing a growth of 9.8% [18]. - Total liabilities increased to $971,070 thousand as of September 30, 2023, from $902,303 thousand as of December 31, 2022, an increase of 7.6% [18]. - Shareholders' equity rose to $1,790,961 thousand as of September 30, 2023, compared to $1,613,727 thousand as of December 31, 2022, representing an increase of 11.0% [18]. - The company’s cash and cash equivalents increased to $176,463 thousand as of September 30, 2023, compared to $44,426 thousand as of December 31, 2022, a substantial increase of 297.5% [18]. - Available assets increased to $2,602,680,000 as of September 30, 2023, from $2,275,487,000 in 2022, marking a growth of approximately 14.4% [209]. - Risk-based required assets were $1,414,233,000 as of September 30, 2023, compared to $1,172,581,000 in 2022, reflecting an increase of about 20.6% [210]. Investment Performance - Net investment income rose to $17,853 thousand in Q3 2023, compared to $11,945 thousand in Q3 2022, marking a 49.5% increase; for the nine months, it increased to $49,265 thousand from $33,065 thousand, a 49.0% rise [21]. - The investment portfolio had gross unrealized losses of $265.2 million as of September 30, 2023, with $250.1 million associated with securities in an unrealized loss position for twelve months or longer [39]. - The amortized cost of total investments as of September 30, 2023, was $2,462.8 million, with a fair value of $2,197.7 million, indicating a significant difference due to market fluctuations [38]. - The company did not recognize an allowance for credit loss for any security in the investment portfolio as of September 30, 2023 [41]. - Gross realized investment gains for the three months ended September 30, 2023, were $0, while gross realized investment losses were $0, resulting in net realized investment losses of $33,000 for the nine months ended September 30, 2023 [44]. Claims and Insurance Operations - The reserve for insurance claims and claim expenses increased to $116,078 thousand as of September 30, 2023, from $99,836 thousand as of December 31, 2022, an increase of 16.3% [18]. - Gross reserves for insurance claims and claim expenses totaled $116.1 million as of September 30, 2023, compared to $94.9 million as of September 30, 2022, reflecting a 22.4% increase [99]. - The company paid 129 claims totaling $3.1 million during the nine months ended September 30, 2023, including $0.6 million of ceded claims and claim expenses [99]. - The total claims incurred for the period were influenced by macroeconomic factors, including unemployment trends and housing values [184]. - The ending default inventory increased to 4,594 loans as of September 30, 2023, from 4,096 loans in 2022, primarily due to growth in the insured portfolio [195]. Reinsurance and Risk Management - NMIC utilizes third-party reinsurance to manage risk and ensure compliance with PMIERs, with quota share agreements reducing premiums written and providing capital relief [137]. - The company ceded aggregate premiums to the Oaktown Re Vehicles of $6.9 million and $24.8 million during the three and nine months ended September 30, 2023, respectively [65]. - The current reinsurance coverage amount for the 2019 ILN Transaction is $163.19 million, down from the initial coverage of $326.91 million [73]. - NMIC holds optional termination rights for each XOL Transaction, allowing termination if the outstanding reinsurance coverage amount amortizes to 10% or less of the initial coverage [79]. - The 2022 Seasoned QSR Transaction allows NMIC to cede 95% of the net risk on eligible policies, scheduled to terminate on June 30, 2032 [91]. Market and Economic Conditions - Macroeconomic factors such as inflation and increasing interest rates could negatively affect the housing market and the mortgage insurance industry, potentially impacting future new insurance written (NIW) volume [131]. - The persistency rate improved to 86.2% at September 30, 2023, up from 80.1% at September 30, 2022, reflecting a slowdown in refinancing activity [163]. - The default rate in the primary insured portfolio was 0.74% as of September 30, 2023, slightly down from 0.75% as of December 31, 2022 [100]. - The average loan size remained stable at $313,000 as of September 30, 2023, consistent with previous quarters [168]. - The company is currently monitoring litigation regarding the refund of certain mortgage insurance premiums, which may impact future financial results [113].

NMI Holdings, Inc. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Delaware 45-4914248 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, 2023 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 (855) 530-6642 ...

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, 2023 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) | Title of each class | Trading Sy ...

NMI Holdings, Inc. (NASDAQ:NMIH) Q4 2022 Earnings Conference Call February 14, 2023 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 Conference Call Participants Mark DeVries ??? Barclays Bose George ??? KBW Rick Shane ??? JPMorgan Mark Hughes ??? Truist Arren Cyganovich ??? Citi Geoffrey Dunn ??? Dowling & Partners Operator Good ...

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, 2022 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 i ...

NM HOLDINGS, INC. ■ INVESTOR DAY 2022 2022 Investor Day ▪ Welcome to NMI Holdings, Inc. – 2022 Investor Day ▪ Today's presentation is being delivered in person in New York City and simulcast on the web at https://nmiholdingsinvestorday.gcs-web.com/ ▪ For those joining remotely, presentation materials have been made available online alongside the webcast and on our website at https://ir.nationalmi.com/events-and-presentations ▪ We will host a Q&A session following today's formal presentations and our webcast ...

NMI Holdings, Inc. (NASDAQ:NMIH) Q3 2022 Earnings Conference Call November 1, 2022 5:00 PM ET Company Participants John Swenson - Investor Relations Brad Shuster - Executive Chairman Adam Pollitzer - President and Chief Executive Officer Ravi Mallela - Chief Financial Officer Nick Realmuto - Controller Conference Call Participants Mark DeVries - Barclays Rick Shane - JPMorgan Doug Harter - Credit Suisse Bose George - KBW Mark Hughes - Truist Geoffrey Dunn - Dowling & Partners Operator Hello and welcome to t ...

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, 2022 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 2022 Earnings Conference Call August 2, 2022 5:00 PM ET Company Participants John Swenson - VP, IR and Treasury Adam Pollitzer - President and CEO Brad Shuster - Executive Chairman Ravi Mallela - CFO Julie Norberg - Chief Accounting Officer Conference Call Participants Mark Devries - Barclays John Kilichowski - Credit Suisse Rick Shane - JPMorgan Bose George - KBW Mark Hughes - Truist Ryan Gilbert - BTIG Bill Dezellem - Tieton Capital Geoffrey Dunn - Dowling Partners Oper ...