Announcements & Statements

New USMI Report, “Private Mortgage Insurance: Stronger and More Resilient”

October 21, 2020

Over 10 Years of Reforms and Continued Evolution Make Private Mortgage Insurers Stronger and More Resilient Industry has facilitated affordable, low down payment mortgages for over 33 million households, contributing to a more stable housing finance market WASHINGTON — U.S. Mortgage Insurers … Continued

USMI SUBMITS COMMENTS TO CFPB FOR PROPOSED RULE ON THE GENERAL QUALIFIED MORTGAGE DEFINITION

September 9, 2020

WASHINGTON — U.S. Mortgage Insurers (USMI), the association representing the nation’s leading private mortgage insurance (MI) companies, submitted its comment letter to the Consumer Financial Protection Bureau (CFPB or Bureau) for its proposed rule on the General Qualified Mortgage (QM) Definition under … Continued

USMI SUBMITS COMMENTS TO FHFA ON ITS RE-PROPOSED ENTERPRISE REGULATORY CAPITAL FRAMEWORK

September 1, 2020

WASHINGTON — U.S. Mortgage Insurers (USMI), the association representing the nation’s leading private mortgage insurance (MI) companies, submitted its comment letter to the Federal Housing Finance Agency (FHFA) for its re-proposed Enterprise Regulatory Capital Framework (ERCF). In its letter, USMI emphasizes the … Continued

USMI STATEMENT ON BIPARTISAN SENATE CONFIRMATION OF DANA WADE AS FHA COMMISSIONER

July 29, 2020

WASHINGTON — Lindsey Johnson, President of the U.S. Mortgage Insurers (USMI), today issued the following statement on the U.S. Senate’s bipartisan confirmation of Dana Wade to serve as Federal Housing Administration (FHA) Commissioner: “USMI applauds the Senate for its bipartisan vote to … Continued

USMI Names Radian’s President Of Mortgage Derek Brummer as Chairman

July 1, 2020

WASHINGTON — U.S. Mortgage Insurers (USMI) today announced that Derek Brummer will serve as the association’s new Chairman of the Board. Brummer is the President of Mortgage at Radian Group Inc. (NYSE: RDN). He succeeds Bradley Shuster, Executive Chairman of … Continued

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