USMI Comment Letter on General QM Definition

September 9, 2020

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

OP-ED: Low down payments backed by mortgage insurance more important than ever

August 10, 2020

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, Government and Industry Relations Manager

July 6, 2020

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

USMI Member Reports

May 5, 2020

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

USMI Roundup: Developments in Housing Finance

February 28, 2020

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

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