$NMIH
NMI Holdings, Inc. Stock $nmih

$nmih Overview Financials Valuation SEC Filings Company Website

2014 Q2 Form 10-Q Financial Statement

#000154790314000077 Filed on May 14, 2014

Income Statement

Concept	2014 Q2	2014 Q1	2013 Q1
Revenue	$3.561M	$4.247M	$473.0K
YoY Change	377.35%	797.89%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.700M	$1.300M	$0.00
YoY Change	-5.56%
% of Gross Profit
Operating Expenses	$18.70M	$19.30M	$12.40M
YoY Change	10.0%	55.65%
Operating Profit
YoY Change
Interest Expense	$1.000M	$800.0K	$0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net	$18.64M	$19.30M	$12.43M
YoY Change	9.51%	55.34%	3119.17%
Pretax Income	-$14.15M	-$15.06M	-$12.00M
YoY Change	-13.04%	25.46%
Income Tax	-$1.297M	$0.00
% Of Pretax Income
Net Earnings	-$12.86M	-$15.06M	-$11.95M
YoY Change	-21.01%	25.95%	2996.63%
Net Earnings / Revenue	-360.99%	-354.49%	-2527.06%
Basic Earnings Per Share
Diluted Earnings Per Share	-$221.3K	-$259.9K	-$216.2K
COMMON SHARES
Basic Shares Outstanding	58.23M shares	58.07M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2014 Q2	2014 Q1	2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$34.67M	$42.79M	$147.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$10.17M	$9.226M
YoY Change	15.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$413.3M	$410.9M
YoY Change	-3.32%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$466.2M	$471.2M
YoY Change	-0.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$8.500M	$7.400M
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$9.900M	$7.400M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$4.600M	$5.500M
YoY Change	-62.6%
Total Long-Term Liabilities	$4.600M	$5.500M
YoY Change	-62.6%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.900M	$7.400M
Total Long-Term Liabilities	$4.600M	$5.500M
Total Liabilities	$22.25M	$17.73M
YoY Change	78.02%
SHAREHOLDERS EQUITY
Retained Earnings	-$111.9M	-$99.08M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$443.9M	$453.5M
YoY Change
Total Liabilities & Shareholders Equity	$466.2M	$471.2M
YoY Change	-0.58%

Cashflow Statement

Concept	2014 Q2	2014 Q1	2013 Q1
OPERATING ACTIVITIES
Net Income	-$12.86M	-$15.06M	-$11.95M
YoY Change	-21.01%	25.95%	2996.63%
Depreciation, Depletion And Amortization	$1.700M	$1.300M	$0.00
YoY Change	-5.56%
Cash From Operating Activities	-$6.000M	-$12.00M	-$13.20M
YoY Change	-38.14%	-9.09%
INVESTING ACTIVITIES
Capital Expenditures	-$2.600M	$1.664M	$1.722M
YoY Change	85.71%	-3.37%
Acquisitions
YoY Change
Other Investing Activities	$400.0K	$600.0K	-$323.5M
YoY Change	-100.37%	-100.19%
Cash From Investing Activities	-$2.100M	-$1.056M	-$325.2M
YoY Change	-98.09%	-99.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	100.0K	-$90.00K	$0.00
YoY Change	-106.25%
NET CHANGE
Cash From Operating Activities	-6.000M	-12.00M	-13.20M
Cash From Investing Activities	-2.100M	-$1.056M	-$325.2M
Cash From Financing Activities	100.0K	-$90.00K	$0.00
Net Change In Cash	-8.000M	-$1.146M	-$325.2M
YoY Change	-93.42%	-99.65%
FREE CASH FLOW
Cash From Operating Activities	-$6.000M	-$12.00M	-$13.20M
Capital Expenditures	-$2.600M	$1.664M	$1.722M
Free Cash Flow	-$3.400M	-$13.66M	-$14.92M
YoY Change	-59.04%	-8.43%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2013Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	10052000	USD
CY2014Q1	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	1791000	USD
CY2013Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	2001000	USD
CY2013Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	409088000	USD
CY2014Q1	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	414888000	USD
CY2014Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7261000	USD
CY2013Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5947000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-7047000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-4012000	USD
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	553707000	USD
CY2014Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	555963000	USD
CY2013	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition	10367000	USD
CY2014Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition	2333000	USD
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6500000	shares
CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6200000	shares
CY2014Q1	us-gaap	Assets Assets	471184000	USD
CY2013Q4	us-gaap	Assets Assets	481219000	USD
CY2013Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	416135000	USD
CY2014Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	414888000	USD
CY2014Q1	us-gaap	Available For Sale Securities AvailableForSaleSecurities	410876000	USD
CY2013Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	416135000	USD
CY2014Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue	295404000	USD
CY2013Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue	357460000	USD
CY2014Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	278807000	USD
CY2013Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	357460000	USD
CY2014Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	16597000	USD
CY2013Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	0	USD
CY2013Q4	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost	65687000	USD
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CY2013Q4	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	63440000	USD
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CY2014Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	264257000	USD
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CY2014Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	261989000	USD
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CY2014Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost	15421000	USD
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CY2014Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	15179000	USD
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CY2013Q1	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	28000	USD
CY2014Q1	us-gaap	Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear	161	securities
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CY2014Q1	us-gaap	Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear	6	securities
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CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-13137000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-338453000	USD
CY2012Q2	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights	10.00
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CY2014Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
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CY2014Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	183000	USD
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CY2014Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	3035000	USD
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CY2013Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	12426000	USD
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CY2014Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	19283000	USD
CY2014Q1	us-gaap	Other Liabilities OtherLiabilities	133000	USD
CY2013Q4	us-gaap	Other Liabilities OtherLiabilities	133000	USD
CY2013	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	3483000	USD
CY2014Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	90000	USD
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CY2014Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	110000	USD
CY2014Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1664000	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1722000	USD
CY2014Q1	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	0	USD
CY2013Q1	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	510000	USD
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CY2014Q1	us-gaap	Premiums Earned Net PremiumsEarnedNet	1904000	USD
CY2013Q4	us-gaap	Premiums Receivable At Carrying Value PremiumsReceivableAtCarryingValue	19000	USD
CY2014Q1	us-gaap	Premiums Receivable At Carrying Value PremiumsReceivableAtCarryingValue	129000	USD
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CY2013Q1	us-gaap	Premiums Written Net PremiumsWrittenNet	0	USD
CY2014Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1702000	USD
CY2013Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1519000	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	718000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	15352000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	16487000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	14823000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9226000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8876000	USD
CY2013Q4	us-gaap	Unearned Premiums UnearnedPremiums	1446000	USD
CY2014Q1	us-gaap	Unearned Premiums UnearnedPremiums	4721000	USD
CY2012Q2	us-gaap	Warrants And Rights Outstanding WarrantsAndRightsOutstanding	5100000	USD
CY2014Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	58061299	shares
CY2013Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	55500100	shares
CY2014Q1	nmih	Availableforsale Securities Continuous Unrealized Loss Position12 Monthsor Longer Aggregate Loss Accumulatedin Investments AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAggregateLossAccumulatedinInvestments	347000	USD
CY2013Q4	nmih	Availableforsale Securities Continuous Unrealized Loss Position12 Monthsor Longer Aggregate Loss Accumulatedin Investments AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAggregateLossAccumulatedinInvestments	0	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-99079000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-84024000	USD
CY2014Q1	us-gaap	Revenues Revenues	4247000	USD
CY2013Q1	us-gaap	Revenues Revenues	473000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3013000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2333000	USD
CY2014Q1	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Required StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired	150000000	USD
CY2013	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	0	USD
CY2014Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-90000	USD
CY2013	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	27912000	USD
CY2014Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	13000	USD
CY2013	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	-1578000	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	453453000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	463217000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	488748000	USD
CY2014Q1	nmih	Availableforsale Securities Continuous Unrealized Loss Position Aggregate Loss Accumulatedin Investments AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLossAccumulatedinInvestments	4699000	USD
CY2013Q4	nmih	Availableforsale Securities Continuous Unrealized Loss Position Aggregate Loss Accumulatedin Investments AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLossAccumulatedinInvestments	7319000	USD
CY2014Q1	nmih	Availableforsale Securities Continuous Unrealized Loss Position Lessthan12 Months Aggregate Loss Accumulated In Investments AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessthan12MonthsAggregateLossAccumulatedInInvestments	4352000	USD
CY2013Q4	nmih	Availableforsale Securities Continuous Unrealized Loss Position Lessthan12 Months Aggregate Loss Accumulated In Investments AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessthan12MonthsAggregateLossAccumulatedInInvestments	7319000	USD
CY2014Q1	nmih	Mortgage Pool Insurance Claim Deductible MortgagePoolInsuranceClaimDeductible	10300000	USD
CY2014Q1	nmih	Availableforsale Securities Gross Unrealized Gain Accumulatedin Investments AvailableforsaleSecuritiesGrossUnrealizedGainAccumulatedinInvestments	687000	USD
CY2013Q4	nmih	Availableforsale Securities Gross Unrealized Gain Accumulatedin Investments AvailableforsaleSecuritiesGrossUnrealizedGainAccumulatedinInvestments	272000	USD
CY2014Q1	nmih	Availableforsale Securities Gross Unrealized Loss Accumulatedin Investments AvailableforsaleSecuritiesGrossUnrealizedLossAccumulatedinInvestments	4699000	USD
CY2013Q4	nmih	Availableforsale Securities Gross Unrealized Loss Accumulatedin Investments AvailableforsaleSecuritiesGrossUnrealizedLossAccumulatedinInvestments	7319000	USD
CY2014Q1	nmih	Classof Warrantor Right Numberof Warrants Exercised During Period ClassofWarrantorRightNumberofWarrantsExercisedDuringPeriod	7790	shares
CY2013Q1	nmih	Gain Loss From Settlementof Warrants GainLossFromSettlementofWarrants	0	USD
CY2014Q1	nmih	Gain Loss From Settlementof Warrants GainLossFromSettlementofWarrants	37000	USD
CY2014Q1	nmih	Gain Losson Changein Fair Valueof Warrant Liability GainLossonChangeinFairValueofWarrantLiability	817000	USD
CY2013Q1	nmih	Gain Losson Changein Fair Valueof Warrant Liability GainLossonChangeinFairValueofWarrantLiability	35000	USD
CY2014Q1	nmih	Investment Income Gross InvestmentIncomeGross	1626000	USD
CY2013Q1	nmih	Investment Income Gross InvestmentIncomeGross	567000	USD
CY2014Q1	nmih	Mortgage Insurance Percentageof Indebtednesson Single Loan Limit MortgageInsurancePercentageofIndebtednessonSingleLoanLimit	0.25
CY2013Q1	nmih	Mortgage Insurance Pool Reservefor Claimsor Claims Incurred But Not Reported Ibnr MortgageInsurancePoolReserveforClaimsorClaimsIncurredButNotReportedIBNR	0	USD
CY2013Q4	nmih	Mortgage Insurance Pool Reservefor Claimsor Claims Incurred But Not Reported Ibnr MortgageInsurancePoolReserveforClaimsorClaimsIncurredButNotReportedIBNR	0	USD
CY2013Q4	nmih	Mortgage Insurance Primary Reservefor Claimsor Claims Incurred But Not Reported Ibnr MortgageInsurancePrimaryReserveforClaimsorClaimsIncurredButNotReportedIBNR	0	USD
CY2013Q1	nmih	Mortgage Insurance Primary Reservefor Claimsor Claims Incurred But Not Reported Ibnr MortgageInsurancePrimaryReserveforClaimsorClaimsIncurredButNotReportedIBNR	0	USD
CY2014Q1	nmih	Mortgage Insurancein Force Pool MortgageInsuranceinForcePool	5000000000	USD
CY2014Q1	nmih	Mortgage Insurancein Force Primary MortgageInsuranceinForcePrimary	514800000	USD
CY2014Q1	nmih	Numberof States Which Require Minimum Amountof Statutory Capital Relativeto Risk In Force NumberofStatesWhichRequireMinimumAmountofStatutoryCapitalRelativetoRiskInForce	15	state
CY2014Q1	nmih	Ordinary Dividends Restrictionwith Regardsto Capital Surplus OrdinaryDividendsRestrictionwithRegardstoCapitalSurplus	0.1
CY2012Q2	nmih	Proceedsfrom Issuance Initial Public Offering Net ProceedsfromIssuanceInitialPublicOfferingNet	510000000	USD
CY2014Q1	nmih	Required Riskto Capital Ratioon Agreements Per Gse Approval Maximum RequiredRisktoCapitalRatioonAgreementsPerGSEApprovalMaximum	15
CY2012Q2	nmih	Stock Issued During Period Underwriting Feeand Other Offering Expense Percentage StockIssuedDuringPeriodUnderwritingFeeandOtherOfferingExpensePercentage	0.07
CY2013Q4	nmih	Warrant Liability WarrantLiability	6371000	USD
CY2014Q1	nmih	Warrant Liability WarrantLiability	5504000	USD
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-31
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001547903
CY2014Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	58230104	shares
CY2014Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	NMI HOLDINGS, INC.

Files In Submission

Name	View Source	Status
0001547903-14-000077-index-headers.html	Edgar Link	pending
0001547903-14-000077-index.html	Edgar Link	pending
0001547903-14-000077.txt	Edgar Link	pending
0001547903-14-000077-xbrl.zip	Edgar Link	pending
customeracquisistion33114a05.jpg	Edgar Link	pending
exhibit311certificationpur.htm	Edgar Link	pending
exhibit312certificationpur.htm	Edgar Link	pending
exhibit321ceoandcfocertifi.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
mimarketsharewoutharpvsfhaq4.jpg	Edgar Link	pending
nmih-20140331.xml	Edgar Link	completed
nmih-20140331.xsd	Edgar Link	pending
nmih-20140331_cal.xml	Edgar Link	unprocessable
nmih-20140331_def.xml	Edgar Link	unprocessable
nmih-20140331_lab.xml	Edgar Link	unprocessable
nmih-20140331_pre.xml	Edgar Link	unprocessable
nmihq1201410-q.htm	Edgar Link	pending
privatemifhavalabel.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NMIH
NMI Holdings, Inc. Stock $nmih

2014 Q2 Form 10-Q Financial Statement

#000154790314000077 Filed on May 14, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NMIH NMI Holdings, Inc. Stock $nmih

2014 Q2 Form 10-Q Financial Statement

#000154790314000077 Filed on May 14, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NMIH
NMI Holdings, Inc. Stock $nmih