Reported Earlier, NMI Holdings Provides Capital Update Under Revised PMIERs, Confirms $1.14B Excess Funding
Portfolio Pulse from Benzinga Newsdesk
NMI Holdings has provided a capital update under the revised PMIERs framework, confirming $1.14 billion in excess funding. The company expects to remain compliant with both existing and revised PMIERs standards.
August 22, 2024 | 7:56 am
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NMI Holdings has confirmed $1.14 billion in excess funding under the revised PMIERs framework. The company expects to remain compliant with both existing and revised standards, indicating strong financial health.
NMI Holdings' confirmation of $1.14 billion in excess funding under the revised PMIERs framework suggests strong financial health and stability. The company's expectation to remain compliant with both existing and revised standards is a positive indicator for investors, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100