News & Events


September 1, 2020

WASHINGTON — U.S. Mortgage Insurers (USMI), the association representing the nation’s leading private mortgage insurance (MI) companies, submitted its comment letter to the Federal Housing Finance Agency (FHFA) for its re-proposed Enterprise Regulatory Capital Framework (ERCF). In its letter, USMI emphasizes the … Continued

USMI Comment Letter on FHFA’s Proposed Rule on the Enterprise Regulatory Capital Framework

September 1, 2020

On June 30, 2020, the Federal Housing Finance Agency (FHFA) published a Notice of Proposed Rulemaking (NPR) on the Enterprise Regulatory Capital Framework (ERCF).  On August 31, USMI submitted comments to the NPR, emphasizing the importance of constructing a balanced, … Continued

CFPB Should Increase Safe Harbor Threshold to Mitigate Borrower Impact

August 26, 2020

One of the main drivers of the 2008 financial crisis was lending to borrowers with inadequate ability to repay their mortgage loans. In response, Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act, which created the Consumer Financial … Continued

USMI Round Up: USMI Developments in Housing Finance

August 14, 2020

While this summer has posed new and unexpected challenges, policymakers and U.S. Mortgage Insurers (USMI) and our members continue to work hard to make sure the U.S. housing system remains strong as we face unprecedented economic and health challenges resulting … Continued

“Low down payments backed by mortgage insurance more important than ever” BY USMI PRESIDENT LINDSEY JOHNSON

August 10, 2020

Today, the place you call home matters more than ever. Unfortunately, many Americans continue to believe homeownership is out of reach because they think a 20 percent down payment is needed to qualify for a mortgage. A recent report by the … Continued

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