other
confidence medium
sentiment neutral
materiality 0.10
NMI Holdings amends Q4 2021 results to correct typo in portfolio table
NMI Holdings, Inc.
- Corrected primary portfolio trends as of Dec 31, 2021: insurance in force $152.3B, risk in force $38.7B.
- New insurance written $18.3B for Q4 2021; net premium yield 0.31%.
- Default rate improved to 1.22% from 3.06% a year ago; loans in default 6,227.
- Annual persistency 63.8%, quarterly run-off 6.7%.
- Amendment solely fixes a typographical error in original Feb 15, 2022 8-K.