Announcements & Statements

New Report Shows Importance of Private Mortgage Insurance in Helping Low Down Payment Borrowers Qualify for Mortgages in All 50 States

June 7, 2018

U.S. Mortgage Insurers (USMI), the association representing five of the top six private mortgage insurance (MI) companies in the United States, today released a report on the role of MI in all 50 states and the District of Columbia.

USMI Statement On Confirmation Of Brian Montgomery As FHA Commissioner

May 24, 2018

Lindsey Johnson, President and Executive Director of U.S. Mortgage Insurers (USMI), today issued the following statement on the U.S. Senate’s confirmation of Brian Montgomery to serve as Federal Housing Administration (FHA) Commissioner.

USMI Statement on IMAGIN

March 14, 2018

U.S. Mortgage Insurers (USMI) President and Executive Director Lindsey Johnson issued the following statement on the recent news that Freddie Mac is piloting a new low down payment insurance program aimed at a small segment of the market called IMAGIN.

Great News For Homebuyers: U.S. Congress Extends Mortgage Insurance Tax Deduction

February 9, 2018

U.S. Mortgage Insurers (USMI) President and Executive Director Lindsey Johnson issued the following statement on the federal budget deal passed by Congress and signed into law by President Trump today, which includes an extension of the tax deduction for mortgage insurance (MI) premiums.

USMI Chairman Patrick Sinks Testifies Before Congress on Mortgage Insurance and Sustainable Housing

December 6, 2017

U.S. Mortgage Insurers (USMI) Chairman and Mortgage Guaranty Insurance Corporation (MGIC) CEO Patrick Sinks today testified on behalf of USMI in front of the House Financial Services Committee’s Subcommittee on Housing and Insurance in a hearing entitled “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform, Part IV.” 

© Copyright 2018 U.S. Mortgage Insurers