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MI Industry’s Observations & Recommendations for Replacing CFPB’s QM Patch

July 26, 2019

The Consumer Financial Protection Bureau (CFPB) just released an Advanced Notice of Proposed Rulemaking on the “Qualified Mortgage Definition under the Truth in Lending Act.” The CFPB is considering whether to revise the Qualified Mortgage (QM) definition in light of … Continued

Buy a Home Without Breaking the Bank

July 16, 2019

Buying a home is one of life’s biggest financial milestones, but people often think it’s out of reach because of the costs involved, including the myth that you have to put 20% down. The fact is, you don’t necessarily need … Continued

New Report: Saving 20 Percent to Buy a Home Takes 20 Years on Average; Over 1 Million Avoided the Wait in 2018 by Using Private Mortgage Insurance

June 5, 2019

Texas, Florida, California, Illinois, and Ohio Round Out the Top Five States for Low Down Payment Mortgage Lending WASHINGTON, June 5, 2019 — U.S. Mortgage Insurers (USMI), the association representing the nation’s leading private mortgage insurance (MI) companies, today released … Continued

USMI President Lindsey Johnson on Summit Consulting’s “Complexity Simplified” Podcast

April 17, 2019

In this episode of Complexity Simplified, Summit Director Frank Vetrano sits down with USMI President Lindsey Johnson to discuss why the mortgage insurance industry has become major issuers of credit risk transfer (CRT) bonds. Listen to the full episode here.

USMI Statement on U.S. Senate’s Confirmation of Mark Calabria as New Director of Federal Housing Finance Agency

April 4, 2019

WASHINGTON — Lindsey Johnson, President of U.S. Mortgage Insurers (USMI), today issued the following statement on the U.S. Senate’s confirmation of Dr. Mark Calabria as the Federal Housing Finance Agency (FHFA) Director: “USMI applauds the Senate’s confirmation of Director Mark … Continued

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