NMI Q4 Earnings Call Highlights

Chief Financial Officer Aurora Swithenbank said IIF increased 1.4% from the third quarter and 5.4% from the fourth quarter of 2024. Twelve-month persistency was 83.4% in the fourth quarter, down from 83.9% in the third quarter.In the fourth quarter, President and CEO Adam Pollitzer said the company generated $14.2 billion of NIW and posted record total revenue of $180.7 million. GAAP net income was $94.2 million, or $1.20 per diluted share, with a 14.8% return on equity.For the full year, management reporte ...