NMIH

Nmi Holdings, Inc.

A provider of private mortgage insurance, NMI Holdings backs home loans through its subsidiary National Mortgage Insurance Corporation (National MI), helping lenders sell high loan-to-value mortgages to Fannie Mae and Freddie Mac. Founded in 2012 by Bradley Shuster and Jay Sherwood in the wake of the 2008 financial crisis, the company's name simply stands for National Mortgage Insurance. Its proprietary Rate GPS pricing engine sets individualized premiums based on granular loan details rather than a one-size-fits-all rate.