NMI Holdings (NMIH) Q2 Revenue Up 7%

NMI Holdings (NASDAQ:NMIH), a specialist in private mortgage insurance for high loan-to-value mortgages, released its second quarter 2025 results on July 29, 2025. The company reported non-GAAP EPS of $1.22, above analyst expectations of $1.20. Revenue reached $173.8 million for the second quarter ended June 30, 2025, also beating the analyst forecast of $149.57 million in GAAP revenue. Top-line revenue growth reflected steady portfolio expansion, but higher claims expenses drove a year-over-year jump in the GAAP loss ratio. Overall, the quarter delivered steady growth and robust capital strength, balanced by signs of normalization in credit metrics.

Source: Analyst estimates for the quarter provided by FactSet.

NMI Holdings provides private mortgage insurance (MI) to lenders, helping borrowers qualify for home loans with smaller down payments. Its core business centers on insuring high loan-to-value mortgages that would otherwise require buyers to put down 20% or more. This insurance protects lenders in case a borrower defaults.

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Source Fool.com