Comment Letters

USMI Welcomes Effort to Increase Reliance on Private Capital In Housing Finance

May 21, 2015

USMI delivered the following letter to members of the Senate Banking Committee:

USMI Responds to Basel Committee Credit Risk Proposal

March 31, 2015

U.S. Mortgage Insurers (USMI) today submitted a response to the Basel Committee on Banking Supervision’s proposal, Revisions to the Standardised Approach for credit risk

USMI Files Broad Tax Extender Support Letter to Congress

November 18, 2014

Today, USMI joined 586 organizations across the country in filing a letter to the United States Senate and House of Representatives, urging Congress to act in the Lame Duck session to extend seamlessly, enhance or make permanent the expired and expiring tax provisions


October 14, 2014

Yesterday, USMI submitted comments on the request for input from the Federal Housing Finance Agency (“FHFA”) regarding the proposed structure for a single security to be issued and guaranteed by Fannie Mae and Freddie Mac (the “GSEs”). USMI supports FHFA’s goal of maintaining a highly liquid secondary market while developing a single security, and believes that private MI will help to achieve that objective. Private MI works seamlessly with the to-be-announced (“TBA”) market today and enhances market liquidity by serving as a source of private capital. Preserving the current role of MI and expanding the use of MI as part of any transition will maximize taxpayer protection and enable an efficient and liquid market that benefits lenders, investors, taxpayers and borrowers. USMI looks forward to working with FHFA as work on this initiative progresses.

USMI Submits FHFA Strategic Plan Comment Letter

September 15, 2014

USMI today submitted its response to the Federal Housing Finance Agency (FHFA) request for input regarding its strategic plan for fiscal years 2015 through 2019. USMI believes that FHFA’s Plan should further take into account mortgage insurance’s (“MI”) role as a reliable source of credit enhancement that can help advance and support the strategic goals of the Plan to ensure liquidity, stability, and access in housing, benefitting taxpayers, borrowers, and lenders.

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