News & Events

Balancing Important Protections Provided by Improved Underwriting Standards with Reasonable Consumer Access to Credit

March 15, 2017

Since the 2008 financial crisis, certain safeguards were put in place that resulted in more stringent underwriting standards for lenders and borrowers. As a mortgage insurer, lenders are my customers.

The Lowdown on Low Down Payment Mortgages

March 15, 2017

You would like to buy, but you can’t manage that 20 percent down payment. Does this sound familiar?

USMI Statement on Senate Confirmation of Ben Carson as HUD Secretary

March 2, 2017

“USMI congratulates Secretary Carson on his Senate confirmation to lead the U.S. Department of Housing and Urban Development, a critical federal agency that is a component of the nearly $30 trillion U.S. housing market. We look forward to collaborating with Secretary Carson and HUD on a comprehensive and coordinated housing policy to promote a stronger and more equitable mortgage finance system that serves American taxpayers, homebuyers and lenders.

HUD’s Suspension of FHA MIP Rate Cut: What It Really Means

January 25, 2017

On Friday, January 20, 2017, the new Administration’s U.S. Department of Housing and Urban Development (HUD) suspended a January 9 announcement by the outgoing Obama Administration’s HUD and its Federal Housing Administration (FHA) regarding a planned reduction in FHA mortgage insurance premiums (MIP) for borrowers.

USMI Statement on FHA Mortgage Insurance Premium Reduction

January 9, 2017

The Federal Housing Administration (FHA) announced today it will reduce its mortgage insurance premiums (MIPs) by 25 basis points.

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