
NMI Holdings Inc, founded in 2011 and headquartered in Emeryville, California, serves the mortgage insurance sector, providing crucial insurance solutions to enhance housing affordability. The company specializes in private mortgage insurance (PMI) that mitigates the risk for lenders, ensuring broad access to home financing.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
NMIH 7.38% 2025-06-01 USDNMI Holdings Inc | United States | 2025-06-01 | 7.375 | — |
NMIH 7.38% 2025-06-01 USDNMI Holdings Inc | United States | 2025-06-01 | 7.375 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, NMI Holdings has strategically issued bonds to support its capital needs and growth initiatives. The company first entered the bond market in 2015, with a significant issuance of $300 million in senior notes that bolstered its financial standing and operational capacity. Notably, recent bond offerings have garnered attention due to their competitive yields compared to industry averages and features such as call options, allowing flexibility in repayments. As of late 2023, NMI’s bonds are viewed favorably amid rising interest rates, reflecting the company’s sound financial management and strategic positioning in the market.