Category: Comment Letters
Letter: Comment on FHFA’s 2026 – 2028 Enterprise Housing Goals
Letter: Letter in Support of Bill Pulte’s Nomination
USMI sent a letter expressing strong support for William “Bill” Pulte to serve as the next Director of the Federal Housing Finance Agency (FHFA) to Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-MA). In the letter, USMI noted that the FHFA is a critical federal agency that oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System, which collectively facilitate more than $8 trillion in funding for the U.S housing market. USMI urged the Committee to swiftly schedule a hearing to consider Mr. Pulte’s nomination and advance his nomination to the full Senate for a confirmation vote. Read the full letter here.
Letter: Joint Letter in Support of Scott Turner’s Nomination
USMI Submits Comment Letter to FHFA on Freddie Mac’s Purchase of Single-Family Closed-End Second Mortgages Proposed Product
Letter: Joint Trade Letter to FHFA on the Release of Historical Credit Score Data
Letter: Supplemental Comment Letter to Banking Regulators on Basel III Endgame Proposed Rule
Letter: Comment to FHFA on the Notice of Proposed Rulemaking (NPR) on “Quality Control Standards for Automated Valuation Models (AVMs)”
USMI submitted a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson to provide feedback on the Notice of Proposed Rulemaking (NPR) on “Quality Control Standards for Automated Valuation Models (AVMs).” As sophisticated long-term managers of single family mortgage credit risk, private MIs support a workable regulatory framework for mortgage market participants’ use of AVMs and policies that appropriately balance improvements and efficiencies in the collateral valuation process with the accurate assessment and pricing of risk. In the letter, USMI highlights the following factors to be considered: (1) principles-based approach to quality control frameworks; (2) application to the GSEs; (3) transparency in AVM data; and (4) nondiscrimination and fair lending. Click here to read the letter.
