On February 20, USMI joined a coalition of housing and banking industry stakeholders in sending a letter to banking regulators in support of efforts to modernize bank capital standards to strengthen financial stability and housing affordability. The groups wrote that a revised Basel III Endgame rule should support the critical role that private mortgage insurance (MI) plays in reducing risk for taxpayers while preserving and enhancing mortgage finance options for homebuyers. This includes providing loan-level capital relief commensurate with the level of private MI coverage and adjusting the Eligible Guarantor definition to include private mortgage insurers. USMI and its fellow signatories stand ready to serve as resources to regulators to assist in their bank capital modernization efforts. Click here to read the full letter.
Month: February 2026
Letter: Support for Housing for the 21st Century Act
On February 6, 2026, USMI submitted a letter to Speaker Johnson and Leader Jefferies in support of the Housing for the 21st Century Act. USMI urges quick passage of the bill by the U.S. House of Representatives and commends the leadership of the House Financial Services Committee in advancing this important bipartisan legislation. USMI appreciates Congress’ and the Administration’s focus on increasing the nation’s housing stock and helping Americans become homeowners while ensuring safety and soundness in the housing finance system. For the full letter, see here.
