Announcements & Statements

USMI Statement on Confirmation of Deputy HUD Secretary Pam Patenaude

September 14, 2017

USMI applauds the Senate for its confirmation of Pam Patenaude to be Deputy Secretary of HUD. As a longtime public servant and expert in the housing finance system, Deputy Secretary Patenaude fully understands the need for a coordinated, consistent, and transparent approach to federal housing policy across government channels.

USMI Statement on March 2017 FHFA Credit Risk Transfer Progress Report and RFI

July 28, 2017

Private mortgage insurance is a 60-year old bedrock of the housing system that for decades has helped low down payment borrowers qualify for mortgage financing—more than 25 million borrowers to date—and has provided critical credit risk protection to the government and taxpayers through numerous housing cycles.

USMI Statement on Requests to Reduce FHA Mortgage Insurance Premiums

July 21, 2017

WASHINGTON — This week, 25 members of Congress sent a letter to U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson urging him to reinstate a cut scheduled under the Obama Administration to the Federal Housing Administration (FHA) mortgage insurance premiums (MIP). The following statement can be attributed to Lindsey Johnson, USMI President and Executive Director.

USMI Statement on Mortgage Bankers Association Report on Reform Recommendations for the GSEs and the Housing Finance System

April 20, 2017

Lindsey Johnson, President and Executive Director of the U.S. Mortgage Insurers (USMI), today issued the following statement on the Mortgage Bankers Association report on reform recommendations for Fannie Mae and Freddie Mac (the GSEs) and the housing finance system.

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.

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