NMI (NASDAQ:NMIH) Holdings, Inc., through its principal subsidiary NewRez LLC, is a diversified residential mortgage company that originates, acquires and services mortgage loans across the United States. The firm operates multiple production channels—including retail, wholesale and correspondent—and offers purchase, refinancing and specialized loan programs designed to meet the needs of first-time buyers, move-up purchasers and investors. By combining in-house underwriting with advanced digital tools, NMI Holdings seeks to deliver a streamlined application experience for borrowers and a flexible platform for referral partners.
In addition to origination, NMI Holdings provides comprehensive servicing solutions for both performing and non-performing loans. Its servicing arm manages loan administration functions such as payment processing, escrow accounting, customer care and loss mitigation. The company also offers specialized subservicing services for financial institutions and investors seeking to outsource back-office operations. Through a network of regional offices and call centers, NMI Holdings supports borrowers across all 50 states, focusing on compliance, risk management and ongoing portfolio performance.
Since its initial public offering in 2012, NMI Holdings has grown through a combination of organic expansion and strategic acquisitions, including the integration of established servicing businesses that have broadened its product suite and investor base. Headquartered in Fort Washington, Pennsylvania, the company maintains a decentralized operating model that allows regional teams to adapt to local market conditions. Its technology investments emphasize data analytics, automated loan tracking and borrower self-service tools, aiming to enhance operational efficiency and customer satisfaction.
NMI Holdings’ management team is led by a seasoned executive group with extensive experience in mortgage banking, servicing, finance and regulatory compliance. Supported by a board of directors drawn from the banking, risk management and financial services industries, the company emphasizes strong governance and transparent reporting. As it continues to refine its service offerings and expand its geographic footprint, NMI Holdings seeks to maintain a balanced business mix between loan production and servicing portfolios.
