Home / News / Loss Mitigation / Claudia Merkle Promoted to President at National MI
Print This Post Print This Post

Claudia Merkle Promoted to President at National MI

NMI Holdings, Inc, the parent company of California-based National Mortgage Insurance Corporation (National MI),  has announced the promotion of COO Claudia Merkle to President. In her new role, Merkle will oversee sales, marketing, underwriting operations, servicing, and information technology.

“Claudia has been with National MI from the beginning.  She developed and led our operations team in the early stages,” said Bradley Shuster, Chairman, and CEO of NMI Holdings, Inc. “Claudia was also instrumental in building our sales organization, which has become a model for the industry. Our continued success after her promotion to COO in 2016 is just as I expected. Her promotion to President is well-deserved and I look forward to our continued work together for the success of our employees, customers, and shareholders.”

Merkle joined National MI in 2012 as SVP of underwriting fulfillment and risk operations was promoted to EVP of insurance operations in 2013, and appointed COO in 2016. Merkle has over 25 years of experience in mortgage banking, mortgage insurance, business development, and operations. She has held leadership positions at PMI Mortgage Insurance Co., Meridian Mortgage, and Wachovia, among others. Merkle holds a B.S. in management from the Wharton School of Business, University of Pennsylvania.

“I am very honored to be named President of National MI. I appreciate the trust that Brad and the rest of the board of directors have placed in me,” Merkle said. “I’m pleased to play a leading role in National MI’s continued growth and success.”

NMI Holdings also announced new positions for two other senior executives. Patrick Mathis is now EVP, operations, and information technology. In his new role, Mathis is responsible for overseeing National MI’s underwriting operations, risk operations, and IT departments. Mathis will report to Merkle.

Rob Smith has been promoted to EVP and Chief Risk Officer. Smith will now oversee the credit, risk and internal audit departments, and will report to CEO Brad Shuster.

About Author: Radhika Ojha

Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas.
x

Check Also

Federal Reserve Holds Rates Steady Moving Into the New Year

The Federal Reserve’s Federal Open Market Committee again chose that no action is better than changing rates as the economy begins to stabilize.