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NMI Holdings Inc. Registered Sh (6NM.SG)

Stuttgart - Stuttgart Delayed Price. Currency in EUR
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15.50-0.40 (-2.52%)
At close: 5:49PM CEST
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Neutralpattern detected
Previous Close15.90
Open15.50
Bid15.30 x 0
Ask15.60 x 0
Day's Range15.50 - 15.50
52 Week Range8.80 - 33.00
Volume0
Avg. Volume119
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
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Ex-Dividend DateN/A
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  • GlobeNewswire

    National MI Integrates with Lender Price

    Instant access to cloud-based PPE platform streamlines the mortgage process for loan officers and consumersEMERYVILLE, Calif., Sept. 17, 2020 (GLOBE NEWSWIRE) -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), announced that it is fully integrated with Lender Price, a leading cloud-based product, pricing and eligibility (PPE) engine provider for the mortgage finance industry. Loan officers now have instant access to National MI’s risk-based Rate GPS® through the Lender Price PPE platform.   “National MI is excited to team with Lender Price,” said Norm Fitzgerald, National MI’s chief sales officer. “This integration reinforces our commitment to streamlining and automating the process of ordering private mortgage insurance while mitigating the chance for errors. It also reduces the time from application to closing for loan originators and consumers.”“We are very pleased to partner with National MI,” said Dawar Alimi, Lender Price co-founder and CEO. “The integration is keeping in line with our commitment to provide lenders with best-in-class service by giving loan officers quick access to competitive private mortgage insurance quotes.”   About National MI National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower’s default. To learn more, please visit www.nationalmi.com.About Lender Price Lender Price is a California-based big data technology innovator and developer of digital mortgage lending technology, including the Digital Lending point-of-sale (POS) tool and an advanced product pricing & eligibility (PPE) engine. Lender Price provides all types of mortgage lending institutions – wholesale and correspondent lenders, banks, credit unions and mortgage brokers – with advanced technology designed to eliminate friction, increase transparency and effectively engage with borrowers. For more information, visit https://lenderprice.com and https://digitallending.com.Cautionary Note Regarding Forward Looking StatementsThis press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act”), and the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements about future, not past, events and involve certain important risks and uncertainties, any of which could cause our actual results to differ materially from those expressed in our forward-looking statements.  Forward-looking statements in this press release include, without limitation, statements regarding the performance of National MI's technology integration.  Any or all of our forward–looking statements in this press release may turn out to be inaccurate.  More information about the risks, uncertainties and assumptions affecting National MI can be found in the risk factors and forward-looking statements cautionary language contained in our Annual Report on Form 10-K and in other filings made with the Securities and Exchange Commission.  We have based these forward–looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, operating results, business strategy and financial needs. All forward–looking statements are necessarily only estimates of future results, and actual results may differ materially from expectations. You are, therefore, cautioned not to place undue reliance on such statements. We do not undertake, and specifically disclaim, any obligation to revise any forward-looking statements to reflect the occurrence of future events or circumstances.Press Contact for National MI Mary McGarity Strategic Vantage Mortgage Public Relations (203)260-5476 MaryMcGarity@StrategicVantage.comNational MI Investor Contact John M. Swenson Vice President, Investor Relations and Treasury john.swenson@nationalmi.com  (510)788-8417Press Contact for Lender Price German Centeno Senior Vice President 626-486-0171 gfcenteno@lenderprice.com

  • Hedge Funds Have Never Been This Bullish On NMI Holdings Inc (NMIH)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On NMI Holdings Inc (NMIH)

    How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

  • GlobeNewswire

    NMI Holdings, Inc. Releases Monthly Operating Statistics for August 2020

    EMERYVILLE, Calif., Sept. 03, 2020 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported selected operating statistics for the month of August 2020. At August 31, 2020, the company reported 14,236 loans in default and a default rate of 3.76%.   Default Activity as of:   3/31/20206/30/20207/31/20208/31/20 Number of loans in default (1) 1,449 10,816 14,175 14,236  Default rate (2) 0.38% 2.90% 3.78% 3.76%    New Insurance Written During:   Quarter Ended 3/31/2020Quarter Ended  6/30/2020Month Ended 7/31/2020Month Ended 8/31/2020 Weighted average composition      FICO 757 762 763 764  Loan-to-value (LTV) 91.3% 90.7% 90.9% 90.6%  Debt-to-income (DTI) 34.4% 33.3% 33.0% 33.0%         In-focus risk segments      95.01-97.0% LTV 6.4% 4.2% 2.5% 2.3%  <680 FICO 1.9% 1.0% 0.7% 0.7%  >45% DTI 10.3% 7.0% 4.8% 5.0%  Layered risk (3) 0.2% 0.1% 0.1% 0.0%  (1) Loans are considered to be in default as of the payment date at which a borrower has missed the preceding two or more consecutive monthly payments  (2) Default rate is calculated as total loans in default divided by total policies in force (3) Layered risk includes loans with more than one in-focus risk factorThe information concerning the Company's default inventory is compiled from reports received from loan servicers and can be influenced by, among other things, the date on which a servicer generates its report, the number of business days in a month, and transfers of servicing rights between loan servicers. While our total default population was relatively unchanged from July 31, 2020 to August 31, 2020, we may see a significant increase going forward if additional borrowers face challenges related to the COVID-19 outbreak and choose to access the forbearance program for federally backed loans codified under the CARES Act of other programs made available by private lenders.About NMI Holdings NMI Holdings, Inc. (NASDAQ: NMIH), is the parent company of National Mortgage Insurance Corporation (National MI), a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. To learn more, please visit www.nationalmi.com.Cautionary Note Regarding Forward-Looking Statements This press release may contain statements that are deemed to be forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act”), and the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements about future, not past, events and involve certain important risks and uncertainties, any of which could cause our actual results to differ materially from those expressed in our forward-looking statements.  Any or all of our forward–looking statements in this press release may turn out to be inaccurate.  More information about the risks, uncertainties and assumptions affecting the company can be found in the risk factors and forward-looking statements cautionary language contained in our Annual Report on Form 10-K for the year ended December 31, 2019 and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 and in other filings we make with the Securities and Exchange Commission.  We have based any forward–looking statements on our current expectations and projections about future events and trends that we believe may affect our financial condition, operating results, business strategy and financial needs. All forward–looking statements are necessarily only estimates and actual events may differ materially from our current expectations. You are, therefore, cautioned not to place undue reliance on such statements. We do not undertake, and specifically disclaim, any obligation to revise any forward-looking statements to reflect the occurrence of future events or circumstances.Investor Contact John M. Swenson Vice President, Investor Relations and Treasury john.swenson@nationalmi.com (510) 788-8417