Mr. Bradley M. Shuster, also known as Brad, has been the Chairman and Chief Executive Officer of NMI Holdings, Inc. and National Mortgage Insurance Corporation since April 2012. Mr. Shuster served as the President of NMI Holdings, Inc. from April 2012 to December 31, 2014. From 2008 to 2011, Mr. Shuster has held various consulting positions assisting private investors with evaluating opportunities in the insurance industry. He served as the President of International and Strategic Investments at The PMI Group, Inc. since January 1, 2003. He served as the President and Chief Executive Officer of PMI Capital Corporation, a subsidiary of PMI Group Inc. since January 1, 2003. He served as an Executive Vice President of Corporate Development of PMI Group and PMI since February 1999. He served as Senior Vice President, Treasurer and Chief Investment Officer of PMI since joining it in August 1995. He manages international mortgage insurance operations, lender services, financial guaranty and strategic investments for the PMI Group. He served as Audit Partner with the accounting firm of Deloitte & Touche LLP from May 1988 to July 1995. Mr. Shuster served as the Chairman and Director for PMI Holdings (Aust) Pty Ltd., QBE Lenders' Mortgage Insurance Limited (alternate name: PMI Mortgage Insurance Ltd.) and PMI Indemnity Limited, subsidiaries of PMI Group Inc. He served as Chairman of PMI Australia. He served as the Chairman of Select Portfolio Servicing, Inc. and serves as its Director. He has been Director at McGrath Rentcorp since July 31, 2017. He serves as a Director of Fairbanks Capital Corp., FGIC Corporation. He has been a Director at Luther Burbank Corp. since 1999. Mr. Shuster served as a Director of PMI Capital Corp., Financial Guaranty Insurance Corp., and PMI Europe. He served as an Independent Director of Intraware, Inc. from May 2004 to January 7, 2009. He served as a Director of American Overseas Reinsurance Company Limited (alternate name, RAM Reinsurance Company Ltd.) until October 31, 2008 and American Overseas Group Limited (formerly RAM Holdings Ltd.) from March 2008 to October 31, 2008. He is a Chartered Financial Analyst and a Certified Public Accountant. He holds a B.S. degree from the University of California, Berkeley and an M.B.A. from the University of California, Los Angeles.