SOURCE: NMI Holdings, Inc.

June 01, 2017 08:00 ET

National MI's Julie Norberg Named to HousingWire's List of Rising Stars

Private mortgage insurer's newly promoted controller is recognized as one of housing and mortgage industries' young leaders

EMERYVILLE, CA--(Marketwired - June 01, 2017) - National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), announces that Julie Norberg has been named to HousingWire's Rising Stars recognition program. The program is among the industry's first to recognize young mortgage and housing industry professionals -- 40 years old or younger -- that have become leaders in their respective fields.

Effective today, Norberg was promoted from vice president of planning and analytics to controller.

Recipients for this year's awards were selected from hundreds of nominations received by HousingWire editors during an open nomination period. The 40 Winners are featured in the June issue of HousingWire magazine and represent a variety of occupations within the housing industry,

"National MI is delighted that Julie has been recognized as a Rising Star by HousingWire," said Adam Pollitzer, chief financial officer. "Julie was one of the first employees hired when National MI first started in 2012, and she has been instrumental in our growth and success since then."

As one of a small number of finance leaders at National MI, 40-year-old Norberg helped build the company's finance department from the ground up, establishing its accounting system and leading the recruitment of the finance department. The following year, Norberg played an integral role before, during and after the company's IPO, establishing the early accounting policies and financial protocols necessary for a successful public offering.

"I am honored to be recognized with this award from HousingWire and I look forward to continued success with National MI," Norberg said.

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.

Cautionary Note Regarding Forward Looking Statements

This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements about future, not past, events and involve certain important risks and uncertainties, any of which could cause our actual results to differ materially from those expressed in our forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding National MI's positioning for future performance. Any or all of our forward-looking statements in this press release may turn out to be inaccurate. More information about the risks, uncertainties and assumptions affecting National MI can be found in the risk factors and forward-looking statements cautionary language contained in our Annual Report on Form 10-K and in other filings made with the Securities and Exchange Commission. We have based these forward-looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, operating results, business strategy and financial needs. All forward-looking statements are necessarily only estimates of future results, and actual results may differ materially from expectations. You are, therefore, cautioned not to place undue reliance on such statements. We do not undertake, and specifically disclaim, any obligation to revise any forward-looking statements to reflect the occurrence of future events or circumstances.

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