Quarterly earnings and insurance in force was up significantly at National Mortgage Insurance Corp. A more modest gain was made with new insurance written.
Before income taxes, National M.I. earned $6 million during the period that opened on July 1, 2016, and closed on Sept. 30, surging from $2 million the prior quarter.
Those details and more were revealed Tuesday in the third-quarter earnings report from the Emeryville, California-based company’s parent, NMI Holdings Inc.
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From:: Financing