<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001289111</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001547903</issuerCik>
            <issuerName>NMI HOLDINGS, INC.</issuerName>
            <secFileNumber>001-36174</secFileNumber>
            <issuerAddress>
                <ns2:street1>2100 Powell Street</ns2:street1>
                <ns2:city>Emeryville</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>94608</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(855) 530-6642</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>JAMES G. JONES</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>38th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>35180</noOfUnitsSold>
            <aggregateMarketValue>1056807.20</aggregateMarketValue>
            <noOfUnitsOutstanding>82280750</noOfUnitsOutstanding>
            <approxSaleDate>08/07/2023</approxSaleDate>
            <securitiesExchangeName>NASD</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>05/08/2015</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>4940</amountOfSecuritiesAcquired>
            <paymentDate>05/08/2015</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>11/08/2014</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>15470</amountOfSecuritiesAcquired>
            <paymentDate>11/08/2014</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>11/08/2015</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>15470</amountOfSecuritiesAcquired>
            <paymentDate>11/08/2015</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>James G Jones</name>
                <address>
                    <ns2:street1>2100 Powell Street</ns2:street1>
                    <ns2:city>Emeryville</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94608</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>08/03/2023</saleDate>
            <amountOfSecuritiesSold>3952</amountOfSecuritiesSold>
            <grossProceeds>114892.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>08/07/2023</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ James G. Jones</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
[{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 5052}]
144
0001289111
XXXXXXXX
LIVE
0001547903
NMI HOLDINGS, INC.
001-36174
2100 Powell Street
Emeryville
CA
94608
(855) 530-6642
JAMES G. JONES
Director
Common
Morgan Stanley Smith Barney LLC
1 New York Plaza
38th Floor
New York
NY
10004
35180
1056807.20
82280750
08/07/2023
NASD
Common
05/08/2015
Restricted Stock
Issuer
N
4940
05/08/2015
Not Applicable
Common
11/08/2014
Restricted Stock
Issuer
N
15470
11/08/2014
Not Applicable
Common
11/08/2015
Restricted Stock
Issuer
N
15470
11/08/2015
Not Applicable
N
James G Jones
2100 Powell Street
Emeryville
CA
94608
Common
08/03/2023
3952
114892.00
08/07/2023
/s/ James G. Jones