GlobeNewswire Inc | Nov 5, 2020 08:00AM EST

November 05, 2020

EMERYVILLE, Calif., Nov. 05, 2020 (GLOBE NEWSWIRE) -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) has been ranked 24th on Fortunes100 Fastest-Growing Companieslist for 2020. The list ranks the top performing, publicly traded companies in revenues, profits and stock returns over a three-year period ending on April 30, 2020.

To qualify for the list, a companydomestic or foreignmust trade on a major U.S. stock exchange; report data in U.S. dollars; file quarterly reports with the U.S. Securities and Exchange Commission; have a minimum market capitalization of $250 million and a stock price of at least $5 on June 30, 2020; and have been trading continuously since June 30, 2017.

Were very pleased to be listed on Fortunes list of the fastest-growing companies, said Claudia Merkle, CEO of National MI. National MI's consistent growth since our inception in 2012 has been achieved by dedication and hard work, while building value every day for our employees, our customers and our shareholders.

NMI Holdings, Inc. ranked first on Fortunes list in the category of diversified financial companies and ninth on the list for three-year growth in revenue. The company reported an annual three-year growth rate of 45 percent.

Being named to Fortunes list is a testament to National MIs commitment to providing our lender customers with exceptional service and protecting both our customers and investors from losses, said Adam Pollitzer, National MIs CFO.

NMI Holdings, Inc. will report results for its third quarter endingSeptember 30, 2020after the market closes onThursday, November 5, 2020.

The company will hold a conference call and live webcast at2:00 p.m. Pacific Time/5:00 p.m. Eastern Time. The webcast will be available on the company's website atir.nationalmi.com/events-and-presentations. The call also can be accessed by dialing (888) 734-0328 in theU.S.or (914) 495-8578 internationally, using Conference ID: 5874734 or by referencingNMI Holdings, Inc.

About National MI

National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. To learn more, please visit www.nationalmi.com.

Press ContactMary McGarityStrategic Vantage Mortgage Public Relations(203) 513-2721MaryMcGarity@StrategicVantage.com

Investor ContactJohn M. SwensonVice President, Investor Relations and Treasuryjohn.swenson@nationalmi.com(510) 788-8417