NMI Holdings Inc. (NMIH): Hayman Advisors Decreases Its Stake

Page 5 of 7 – SEC Filing

1	Names of Reporting Persons. John Brandon Osmon
2	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a)           [ ]
	(b)           [ ]
3	SEC Use Only
4	Source of Funds (See Instructions): AF
5	Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e): [ ]
6	Citizenship or Place of Organization. United States

Number of Shares Beneficially Owned by Each Reporting Person With	7           Sole Voting Power 77,645
	8           Shared Voting Power 0
	9            Sole Dispositive Power 77,645
	10           Shared Dispositive Power 0

11	Aggregate Amount Beneficially Owned by Each Reporting Person 77,645
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)     [ ]
13	Percent of Class Represented by Amount in Row (11) 0.1%
14	Type of Reporting Person (See Instructions) IN