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NMI Holdings (NMIH) Stock News, May 20, 2020

NMIH NASDAQ

NMI Holdings, Inc. reports developments for its National Mortgage Insurance Corporation subsidiary, a U.S.-based private mortgage insurance company that supports low down payment borrowers and protects lenders and investors against losses tied to borrower default. Recurring updates cover quarterly and annual financial results, insured portfolio growth, new insurance written, credit performance, risk-transfer solutions, shareholders’ equity and book value trends. Company announcements also include earnings-call schedules, financial-institution conference participation, and board governance changes such as independent-director appointments.

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National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings (NASDAQ: NMIH), has successfully integrated with PMI Rate Pro, a mortgage insurance rate platform. This integration enables loan officers to access multiple mortgage insurance rates swiftly, enhancing efficiency. PMI Rate Pro, founded by loan officers, offers a unique service that delivers a plethora of quotes in seconds. Both companies emphasize improving the mortgage experience for clients, with strong interest reported from lenders. National MI continues to strengthen its technology offerings in the mortgage insurance sector.

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FAQ

What is the current stock price of NMI Holdings (NMIH)?

NMI Holdings (NMIH) last closed at $44.27.

What is the market cap of NMI Holdings (NMIH)?

The market cap of NMI Holdings (NMIH) is approximately $3.3B.