# NMI Holdings, Inc. (NMIH) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from NMI Holdings, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/NMIH/mda/fy2025/): filed 2026-02-12; accession 0001547903-26-000011 (https://www.sec.gov/Archives/edgar/data/1547903/000154790326000011/nmih-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/NMIH/mda/fy2024/): filed 2025-02-14; accession 0001547903-25-000026 (https://www.sec.gov/Archives/edgar/data/1547903/000154790325000026/nmih-20241231.htm)
- [FY 2023 MD&A](/company/NMIH/mda/fy2023/): filed 2024-02-15; accession 0001547903-24-000035 (https://www.sec.gov/Archives/edgar/data/1547903/000154790324000035/nmih-20231231.htm)
- [FY 2022 MD&A](/company/NMIH/mda/fy2022/): filed 2023-02-15; accession 0001547903-23-000036 (https://www.sec.gov/Archives/edgar/data/1547903/000154790323000036/nmih-20221231.htm)
- [FY 2021 MD&A](/company/NMIH/mda/fy2021/): filed 2022-02-16; accession 0001547903-22-000060 (https://www.sec.gov/Archives/edgar/data/1547903/000154790322000060/nmih-20211231.htm)

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