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Stock impact report

NMI Holdings, Inc. Provides Guidance on Capital Position Under Revised Private Mortgage Insurer Eligibility Requirements [Yahoo! Finance]

NMI Holdings Inc (NMIH) 
Last nmi holdings inc earnings: 2/11 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.nationalmi.com
Company Research Source: Yahoo! Finance
Corporation (National MI), today provided guidance on its capital position under the revised Private Mortgage Insurer Eligibility Requirements (PMIERs) released by Fannie Mae and Freddie Mac (the GSEs), and the Federal Housing Finance Administration (FHFA) on August 21, 2024. As previously disclosed, at June 30, 2024, National MI had PMIERs total available assets of $2,828 million, compared to risk-based required assets of $1,652 million, with $1,176 million of excess funding capacity. Under the revised PMIERs framework the company estimates that its total available assets would have been $2,800 million and its risk-based required assets would have been $1,656 million as of June 30, 2024, with pro forma excess funding capacity of $1,144 million. The GSEs and FHFA have indicated that the revised PMIERs framework will take effect on a phased basis beginning March 31, 2025 and will be fully implemented on September 30, 2026. National MI expects to remain in full compliance with the e Show less Read more
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