USMI Statements/Announcements

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.

HUD’s Suspension of FHA MIP Rate Cut: What It Really Means

January 25, 2017

On Friday, January 20, 2017, the new Administration’s U.S. Department of Housing and Urban Development (HUD) suspended a January 9 announcement by the outgoing Obama Administration’s HUD and its Federal Housing Administration (FHA) regarding a planned reduction in FHA mortgage insurance premiums (MIP) for borrowers.

USMI Statement on FHA Mortgage Insurance Premium Reduction

January 9, 2017

The Federal Housing Administration (FHA) announced today it will reduce its mortgage insurance premiums (MIPs) by 25 basis points.

Time to Be Transparent about Fannie and Freddie Upfront Risk Fees

December 8, 2016

Data show homeownership has become out of reach for many and that reducing or eliminating upfront fees is overdue.

USMI Statement on FHA’s Annual Report to Congress

November 15, 2016

Today, the Federal Housing Administration (FHA) released its “Annual Report to Congress Regarding the Financial Status of the Mutual Mortgage Insurance Fund (MMIF) Fiscal Year 2016.” The following statement can be attributed to Lindsey Johnson, USMI President and Executive Director.

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