USMI joins the Mortgage Bankers Association and other leading industry stakeholders in the formation of the CONVERGENCE Collaborative – a coordinated effort designed to help address the racial homeownership gap.
USMI welcomes the recent introduction of Senator Tim Scott’s (R-SC) ROAD to Housing Act, S. 5027, and the focus of Congress on solutions to address our nation’s housing affordability challenges.
First-time homebuyers took the gold medal in overcoming hurdles to homeownership in 2023.
USMI President Seth Appleton today issued the following statement on updated guidance provided by the GSEs, Fannie Mae and Freddie Mac, under the oversight of the FHFA, to the Private Mortgage Insurer Eligibility Requirements’ (PMIERs) Available Asset Standard.
Ohio ranked fifth in the nation for private mortgage insurance use in 2023 according to a new report released today from U.S. Mortgage Insurers.
Illinois ranked fourth in the nation for private mortgage insurance use in 2023 according to a new report released today from U.S. Mortgage Insurers.
California ranked third in the nation for private mortgage insurance use in 2023 according to a new report released today from U.S. Mortgage Insurers.
Florida ranked second in the nation for private mortgage insurance use in 2023 according to a new report released today from U.S. Mortgage Insurers.
More Texans used private mortgage insurance to purchase their homes than the residents of any other state according to a new report released today from U.S. Mortgage Insurers.
In the midst of ongoing housing market challenges, a new report from USMI shows that first-time and low down payment borrowers across the country continued to purchase homes with low down payment mortgages backed by private MI.
USMI joined ABA, CHLA, HPC, ICBA, MBA, NMSA, and SFC in sending a letter to request an extension of the public comment period for the CFPB’s proposed amendments to Regulation X.
USMI today announced that Rohit Gupta will serve as the association’s new Chairman of the Board. Mr. Gupta is President, CEO, and Director of Enact and previously served as USMI’s Chairman of the Board from 2014-2016.
Policy Priorities
