September 8, 2020 The Honorable Kathleen KraningerDirectorConsumer Financial Protection Bureau1700 G Street NWWashington, DC 20052 Re: Qualified Mortgage Definition under the Truth in Lending Act (Regulation Z): General QM Loan Definition, Docket No. CFPB 2020-0020 Dear Director Kraninger: U.S. Mortgage … Continued
By: Lindsey Johnson Today, the place you call home matters more than ever. Unfortunately, many Americans continue to believe homeownership is out of reach because they think a 20 percent down payment is needed to qualify for a mortgage. A … Continued
John “Drew” Petrushka currently serves as Government and Industry Relations Manager of USMI. USMI is the nation’s leading private mortgage insurance association, comprised of five of the six U.S. mortgage insurance companies in the country. Drew previously worked at the … Continued
Below are reports that outline data USMI is watching that will directly or indirectly impact housing and the MI industry. Data is mainly focused on employment, mortgage forbearance and access to credit. April 16, 2021: Member Report April 9, 2021: Member Report April … Continued
We are ready for March Madness but will take the extra day in February to highlight what has been a very busy start to 2020 for housing policy! CFPB Director on Qualified Mortgage (QM) RuleIndustry and Consumer Groups Call for … Continued
U.S. Mortgage Insurers (USMI®) is dedicated to a housing finance system, backed by private capital that enables access to housing finance for borrowers while protecting taxpayers. Mortgage insurance (MI) offers an effective way to make mortgage credit available to more people. USMI is ready to help build the future of homeownership.