An Inside Mortgage Finance article from January 26 titled, “USMI Calls for Changes to Proposed Bank Capital Rule,” highlighted USMI’s comment letter on the Basel III Endgame proposed rule.
An IMF article from December 7 titled, “USMI Leader Calls for Coordination on Housing Policy,” focused on USMI President Seth Appleton’s testimony at a House Financial Services Committee hearing on housing affordability.
A WPDE ABC15 News article and broadcast piece by Michael Owen featuring USMI President Seth Appleton reports on financing options for those seeking to access homeownership in South Carolina, amidst a high rate mortgage market.
USMI President Seth Appleton authored an opinion article in the Dallas Morning News on the competitive housing market in Dallas, Texas and the role private mortgage insurance (MI) plays for first-time homeowners saving for down payments.
Homeownership remains at the core of the American Dream. After all, it improves financial security, enhances family and community stability, and builds intergenerational wealth. The Federal Reserve’s 2019 Survey of Consumer Finances found that the median net worth of a homeowner is approximately $255,000 — more than 40 times that of a renter.
As we celebrate Black History Month, it is important to remember why the mortgage and housing finance systems need to focus on Black homeownership. Owning a home helps to increase financial security, enhance family and community stability, and build intergenerational wealth.
From Law360’s David van den Berg: “Surging housing prices around the country are fueling a legislative push to revive the mortgage insurance premium deduction that expired at the end of 2021, with two House proposals and one Senate bill pending.”
By: Lindsey Johnson Homeownership has been on the rise over the past few years even during the […]
By: Lindsey Johnson Today, the place you call home matters more than ever. Unfortunately, many Americans continue […]
By: Lindsey Johnson Some hailed the Department of Housing and Urban Development’s annual report on the Federal Housing […]
By Brad Shuster June is National Homeownership Month, and this year we celebrate amidst a national conversation […]
Private mortgage insurance remains the longest serving, time-tested way to help low down-payment borrowers qualify for home financing in the conventional market.