News & Events

USMI Statement on the Intent to Nominate Mark Calabria as FHFA Director

December 12, 2018

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

Private Mortgage Insurance Is Helping First-Time Homebuyers Become Homeowners

November 27, 2018

By Lindsey Johnson   A myth about homeownership that discourages many prospective homeowners is that they need a 20 percent down payment to obtain a home loan. Not true! What many borrowers do not realize is that they can qualify … Continued

USMI STATEMENT ON FHA’S ANNUAL REPORT TO CONGRESS

November 15, 2018

Report Underscores the Importance of Private Mortgage Insurance for Low Down Payment Lending While Government-Backed FHA Financial Health Not Yet Out of the Woods   WASHINGTON— Lindsey Johnson, President of USMI, released the following statement on the Federal Housing Administration’s (FHA) … Continued

Areas of Alignment for Administrative Reform

October 23, 2018

September marked the 10th anniversary of the GSEs being placed into conservatorship and there is growing recognition that Congress may not be able to tackle the complex issue of housing reform until 2019 or perhaps even later. But not all … Continued

Opinion: PMI must play crucial role in housing reform

October 1, 2018

A version of this piece originally appeared on Scotsman Guide on September 25, 2018 and was written by USMI Chairman Bradley Shuster.  Government-backed conventional mortgages totaled approximately $5.3 trillion as of summer 2018. As every follower of the mortgage finance … Continued

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