National MI is a U.S.-based private mortgage insurance company, enabling low down payment borrowers to realize homeownership, while protecting lenders and investors against losses related to a borrower’s default. National MI is approved by Fannie Mae and Freddie Mac as an eligible mortgage insurer and is licensed to offer mortgage insurance nationwide. Headquartered in Emeryville, California, in the San Francisco Bay Area, National MI provides innovative risk management solutions and significant insurance capacity geared to support the needs of an evolving housing finance industry.
2012
April
Raised $500 million of private capital through common stock offering
2013
January
April
Authorized to deliver loans to Freddie Mac
June
Authorized to deliver loans to Fannie Mae
November
Initial public offering trading on NASDAQ symbol, “NMIH”
2014
April
Licensed to issue MI policies nationwide
2015
July
Received S&P Investment grade rating
November
Secured $150 million Credit Facility
2016
February
1,000 Master Policies in place
June
Generated first-ever quarterly profit
september
Entered into reinsurance treaty to support growth
2017
april
Announced a $211 million reinsurance transaction
2018
February
Announced Class A Common Stock offering
april
100,000th Loan granted with 12 month rescission relief
June
Launched Rate GPS® our granular pricing system
2019
june
Received upgraded rating to BBB from S&P
july
Announced $327 million Insurance - linked note transaction
october
Received upgraded rating to Baa2 from Moody’s
2020
june
Announced a $230 million equity offering, a $400 million debt offering, and entered into a quota share reinsurance transaction
july
Announced a $322 million insurance-linked notes transaction
september
october
Announced a $242 million insurance-linked notes transaction
2021
april
Announced $367.2 million Insurance - linked note transaction
Received upgraded rating to Positive from S&P
july
Named to San Francisco Business Times’ Top Middle Market Companies List for second consecutive year
october
Announced a $364 million insurance-linked notes transaction
2022
march
Released the company's 1st Sustainability Report
June
Named to San Francisco Business Times’ Top Middle Market Companies List for third consecutive year
2023
May
Celebrated 10th Anniversary at the Nasdaq MarketSite in Times Square
2024
january
NMI Holdings, Inc. Receives “A-” Insurer Financial Strength and “BBB+” Senior Debt Ratings from Fitch
NMI Holdings, Inc. Receives Ratings Upgrade from Moody’s Investors Service
october
NMI Holdings, Inc. Announces S&P Rating Upgrades