Author: Karl Howley
Letter: FHFA Repeal of the Fair Lending, Fair Housing, and Equitable Housing Finance Plans
On September 25, 2025, USMI and its member companies provided feedback on the U.S. Federal Housing’s (FHFA) Notice of Proposed Rulemaking (NPR) repealing its “Fair Lending, Fair Housing, and Equitable Housing Finance Plans” regulation. USMI strongly supports FHFA’s work to reduce unnecessary regulatory burdens and believes FHFA’s proposal to repeal this regulation aligns with this work. USMI’s members are key partners to the GSEs, and we look forward to continued collaboration in helping low down payment borrowers affordably and sustainably achieve homeownership sooner in the conventional market. Read the full letter here.
Newsletter: September 2025
Blog: USMI Members Stand Ready to Implement Director Pulte’s Credit Score Modernization
Press Release: Ohio Ranks 5th in Low Down Payment Homebuyers Using Private Mortgage Insurance in 2024
Press Release: Illinois Ranks 4th in Low Down Payment Homebuyers Using Private Mortgage Insurance in 2024
Press Release: California Ranks 3rd in Low Down Payment Homebuyers Using Private Mortgage Insurance in 2024
Press Release: Florida Ranks 2nd in Low Down Payment Homebuyers Using Private Mortgage Insurance in 2024
Press Release: More Texans Used Private Mortgage Insurance to Become Homeowners in 2024 than Residents of Any Other State
Press Release: New Report: 800,000 Low Down Payment Borrowers Purchased Homes in 2024 with Private Mortgage Insurance
Statement: Nomination of Frank Cassidy as FHA Commissioner
Letter: Letter in Support of Jonathan McKernan’s Nomination
USMI sent a letter to Senate Committee on Finance Chairman Mike Crapo (R-ID) and Ranking Member Ron Wyden (D-OR) expressing strong support for the Honorable Jonathan McKernan to serve as the next Under Secretary for Domestic Finance at the U.S. Department of the Treasury. USMI urges the Committee to swiftly advance Mr. McKernan’s nomination to the full Senate for a confirmation vote. Read the full letter here.