We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
The Zacks Analyst Blog Highlights: NMI, Bunge, Applied Materials, Tallgrass Energy and Sun Life Financial
National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NMIH), and VirPack, a leading document management and workflow automation solutions provider for mortgage lenders, have expanded their integration to allow loan file content within VirPack to be electronically delivered directly to National MI for the private mortgage insurer’s Delegated Assurance Review (DAR) program, in addition to its non-delegated programs. The two companies initially joined forces in 2014 with an interface that enables lenders using VirPack to efficiently transmit loan documents for mortgage insurance underwriting directly to National MI. The new, enhanced integration allows for a smooth and easy delivery process for National MI’s DAR lender customers.
The major stock indexes were broadly higher Wednesday morning on updated coronavirus figures. Shopify stock soared 15% on earnings.
NMIH earnings call for the period ending March 31, 2020.
Reviewing the misunderstood mortgage insurance business model.Post-mortem analysis of Q1 results and managements' presentations.A recovery to a normalized P/BV implies significant upside.
Q1 2020 NMI Holdings Inc Earnings Call
The Dow Jones Industrial Average rallied 200 points midday after gapping up to a new high as the number of new coronavirus cases showed signs of slowing.
EMERYVILLE, Calif., March 05, 2020 -- NMI Holdings, Inc., (NASDAQ:NMIH), the parent company of National Mortgage Insurance Corporation (National MI) today announced that Adam.
Those holding NMI Holdings (NASDAQ:NMIH) shares must be pleased that the share price has rebounded 31% in the last...
The MIs are cheap versus other housing stocks.The federal government is massively supporting homeowners to limit foreclosures.We went into this mess with a healthy housing market.The MIs have lots of excess capital, and arecreating more.
National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NMIH) was today named to Fortune Magazine’s list of the “30 Best Small and Medium Workplaces in Financial Services & Insurance.” Fortune Magazine partners with Great Place to Work to come up with the Best Workplaces in Financial Services & Insurance. To determine the 2020 list, Great Place to Work® analyzed anonymous survey feedback representing nearly 780,000 employees working in the financial services and insurance industry in the United States.
Q4 2019 NMI Holdings Inc Earnings Call
Unfortunately for some shareholders, the NMI Holdings (NASDAQ:NMIH) share price has dived 34% in the last thirty days...
Taking the occasional loss comes part and parcel with investing on the stock market. And unfortunately for NMI...
Image source: The Motley Fool. NMI Holdings (NASDAQ: NMIH)Q1 2020 Earnings CallMay 06, 2020, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by, and welcome to the NMI Holdings, Inc.
NMI Holdings, Inc., (NMIH), the parent of National Mortgage Insurance Corporation (National MI), announced today that it has amended its senior secured revolving credit facility, expanding the lender group, increasing the revolving capacity to $100 million, extending the maturity from May 24, 2021 to February 22, 2023, and reducing the interest cost related to both undrawn commitments and drawn borrowings under the facility. J.P. Morgan, RBC Capital Markets and SunTrust Robinson Humphrey served as joint lead arrangers on the transaction with additional commitments made by Citibank and Deutsche Bank. The amendments to the credit agreement governing the revolving facility, which will be filed with the Securities and Exchange Commission as an exhibit to a Current Report on Form 8-K, include certain conditions customary for agreements of those types.
Entering 2019, bank stocks were expected to have a good year on Wall Street, as interest rates seemed destined to head higher. The Federal Reserve was deemed unlikely to cut rates again anytime soon when the year began; instead, rates plunged precipitously a…
EMERYVILLE, Calif., May 20, 2020 -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), announced that it is now fully.
New macro data gives hope for positive default trends.Diving into the differences between the pure-play PMIs.An assessment of fair value and a sensitivity analysis.
EMERYVILLE, Calif., April 16, 2020 -- NMI Holdings, Inc., (NASDAQ: NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today announced that it.
The company has enjoyed impressive growth and is challenging the established industry leaders.The company's strong workforce results in a very high level of revenue per employee and healthy EBITDA margins.Great entry point: Despite its strong financial positi…
EMERYVILLE, Calif., March 09, 2020 -- NMI Holdings, Inc., (NASDAQ:NMIH), the parent company of National Mortgage Insurance Corporation (National MI,) today announced that, due.
EMERYVILLE, Calif., May 06, 2020 -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported GAAP net income of $58.3 million for the first quarter ended March 31, 2020, which compares.
NMI Holdings (NMIH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Those holding NMI Holdings (NASDAQ:NMIH) shares must be pleased that the share price has rebounded 34% in the last...