NMI Holdings (NMIH) Q2 FY26 earnings call

NMI Holdings reported a strong second quarter, marked by record financial results and continued growth in its insured portfolio, driven by robust new business production and a resilient housing market. The company maintains a high-quality insured book supported by comprehensive risk transfer solutions and a disciplined capital management approach, positioning it for continued outperformance. Management acknowledges persistent macro risks and anticipates a seasonal increase in default rates in the latter half of the year.