Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement regarding the Senate confirmation of Jonathan McKernan to become the Under Secretary for Domestic Finance at the U.S. Department of the Treasury by a vote of 51 to 47:
USMI and its member companies provided feedback on the U.S. Federal Housing’s (FHFA) Notice of Proposed Rulemaking (NPR) repealing its “Fair Lending, Fair Housing, and Equitable Housing Finance Plans” regulation.
As the leaves start falling, USMI is back with a roundup of recent housing finance news that you might have missed over the summer.
USMI welcomes Director Pulte’s announcement allowing the GSEs to use VantageScore 4.0, and its members will be ready to accept loans with VantageScore 4.0 credit scores in accordance with the GSEs’ timelines and guidance
According to a new report from USMI, private MI helped over 36,000 first-time and working class Ohioans become homebuyers in 2024
According to a new report from USMI, private MI helped over 38,000 first-time and working class Illinoisans become homebuyers in 2024
According to a new report from USMI, private MI helped over 43,000 first-time and working class Californians become homebuyers in 2024
According to a new report from USMI, private MI helped nearly 50,000 first-time and working class Floridians become homebuyers in 2024
More Texans used private MI to purchase their homes than the residents of any other state in 2024, according to a new report released today from USMI
New data shows that private mortgage insurance (MI) helped more than 800,000 low down payment borrowers qualify for home financing in 2024.
Seth Appleton, President of USMI, released the following statement regarding the nomination of Frank Cassidy to serve as Federal Housing Administration (FHA) Commissioner
USMI sent a letter to Senate Committee on Finance Chairman Mike Crapo (R-ID) and Ranking Member Ron Wyden (D-OR) expressing strong support for the Honorable Jonathan McKernan to serve as the next Under Secretary for Domestic Finance at the U.S. Department of the Treasury.
