Mortgage Insurance: An Enduring Piece of Housing Finance Reform

February 13, 2018

While discussing 2018 housing finance reform recently, specifically private mortgage insurance’s role in helping homebuyers and protecting lenders and the GSEs in the mortgage finance system, I was reminded of one of the most significant reasons MI is uniquely valuable: it is compatible with nearly every form of mortgage credit execution.

Great News For Homebuyers: U.S. Congress Extends Mortgage Insurance Tax Deduction

February 9, 2018

U.S. Mortgage Insurers (USMI) President and Executive Director Lindsey Johnson issued the following statement on the federal budget deal passed by Congress and signed into law by President Trump today, which includes an extension of the tax deduction for mortgage insurance (MI) premiums.

Do the math: Homebuying now may save a lot

January 31, 2018

It is a common misconception that a 20 percent down payment is required to buy a home.

USMI Roundup: A Joyous Update in Housing Finance

December 8, 2017

As 2017 wraps up, there continue to be many developments in the housing finance system. On Capitol Hill, recent hearings before the House Financial Services Committee’s (HFSC) Subcommittee on Housing and Insurance featured top experts tackling the most pressing issues in the housing market.

USMI Chairman Patrick Sinks Testifies Before Congress on Mortgage Insurance and Sustainable Housing

December 6, 2017

U.S. Mortgage Insurers (USMI) Chairman and Mortgage Guaranty Insurance Corporation (MGIC) CEO Patrick Sinks today testified on behalf of USMI in front of the House Financial Services Committee’s Subcommittee on Housing and Insurance in a hearing entitled “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform, Part IV.” 

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