National MI Celebrates 10th Anniversary of IPO by Ringing Closing Bell at NASDAQ
May 11 2023 - 8:00AM
NMI Holdings, Inc. (NASDAQ: NMIH), the parent company of National
Mortgage Insurance Corporation (National MI), celebrated the
10-year anniversary of its initial public offering and listing on
the NASDAQ Exchange. To commemorate the milestone, National MI’s
Board of Directors and executive leadership team rang the closing
bell at the NASDAQ MarketSite in Times Square on May 10, 2023.
"We’re thrilled to celebrate this accomplishment
and reflect on the remarkable growth and success we've achieved
over the past decade," said Adam Pollitzer, National MI’s President
and CEO. “Our goal has always been to support our lender customers
and their borrowers with a differentiated commitment and standard
of service, while also driving responsible growth in our
high-quality insured portfolio and strong risk-adjusted returns for
our shareholders. Today, National MI is an established leader in
the U.S. mortgage insurance market and is well positioned to
continue to lead with impact and innovation, and deliver sustained
performance and long-term value across all market cycles.”
Over the past ten years, National MI has helped
over 1.6 million low-down payment borrowers purchase or refinance a
home, opening the door to affordable and sustainable homeownership
in communities across the country. National MI has also been
consistently recognized for its workplace culture and has been
certified as a Great Place to Work® for seven consecutive
years.
“Our employees have been instrumental in shaping
our success,” Pollitzer said. “We are proud of the impact we have
had helping so many deserving borrowers gain access to housing, and
supporting them as they have built value and community for
themselves and their families. Looking forward, we’re confident in
our ability to continue delivering for our employees, our customers
and their borrowers, and our shareholders.”
About National MINational
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.
Press Contact for National MI Mary
McGarityStrategic Vantage Mortgage Public Relations(203)
260-5476MaryMcGarity@StrategicVantage.com
Investor Contact for National MIJohn M.
SwensonVice President, Investor Relations and
Treasuryjohn.swenson@nationalmi.com (510) 788-8417
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/bbae3b79-9b9f-40a3-9c42-ddd22c01f8a6
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