More than 800,000 Homebuyers Used Low Down Payment Mortgages Supported by Private MI in 2025; Return of Tax Deductibility of Premiums Provides Benefits Beyond the Closing Table
Over 38,000 Illinois households relied on private mortgage insurance to achieve homeownership with down payments as low as 3% last year
Over 36,000 Ohio households relied on private mortgage insurance to achieve homeownership with down payments as low as 3% last year
Over 64,000 Texan households relied on private mortgage insurance to achieve homeownership with down payments as low as 3% last year
Over 46,000 Floridian households relied on private mortgage insurance to achieve homeownership with down payments as low as 3% last year
Over 41,000 Californian households relied on private mortgage insurance to achieve homeownership with down payments as low as 3% last year
On July 24, USMI submitted a comment letter in response to the FHFA NPR on “Enterprise Duty to Serve Underserved Markets.”
As we commemorate America’s 250th birthday this year, it provides us the perfect opportunity to reflect on how homeownership has represented a cornerstone of the American Dream since the very beginning.
Seth Appleton, President of U.S. Mortgage Insurers (USMI), today released the following statement regarding the introduction of H.R. 9460, the “Sustainable Homeownership Act,” by Rep. Scott Fitzgerald (WI-05).
USMI submitted a comment letter to the Federal Reserve, FDIC, and the OCC (collectively the Agencies) in response to two NPRs on Regulatory Capital Rules that would modernize bank capital requirements for assets held on balance sheet, including residential mortgages.
U.S. Mortgage Insurers (USMI), the association representing the nation’s leading private mortgage insurance (MI) companies, today announced that Tim Mattke will serve as the association’s new Chairman of the Board of Directors.
USMI, the association representing the nation’s leading private MI companies, released annual volume data showing that the private MI industry helped more than 800,000 borrowers secure mortgage financing in 2025.
Policy Priorities
