June 9, 2022
Statement: FHFA’s Release of Fannie Mae and Freddie Mac’s “Equitable Housing Finance Plans for 2022-2024”

Adolfo Marzol, Chairman of U.S. Mortgage Insurers (USMI), today issued the following statement on the Federal Housing Finance Agency’s (FHFA) public release of Fannie Mae and Freddie Mac’s “Equitable Housing Finance Plans for 2022-2024,” which outline the government-sponsored enterprises’ (GSEs) proposed actions over the next three years to advance equity in housing finance.

June 3, 2022
Newsletter: June 2022

June is here, and that means it’s National Homeownership Month!

June 2, 2022
Press Release: USMI Names Essent’s Adolfo Marzol as Chairman of the Board

U.S. Mortgage Insurers (USMI), the association representing the nation’s leading private mortgage insurance (MI) companies, today announced that Adolfo Marzol will serve as the association’s new Chairman of the Board.

June 1, 2022
Press Release: Texas Ranks #1 in the U.S. for Low Down Payment Mortgage Lending in 2021

Over 148,000 in the state turned to private mortgage insurance to achieve homeownership, saving for a 20% down payment could take Texans 13 years.

June 1, 2022
Press Release: California Ranks #2 in the U.S. for Low Down Payment Mortgage Lending in 2021

Over 134,000 in the state turned to private mortgage insurance to achieve homeownership, saving for a 20% down payment could take Californians 28 years.

June 1, 2022
Press Release: Florida Ranks #3 in the U.S. for Low Down Payment Mortgage Lending in 2021

Nearly 130,000 in the state turned to private mortgage insurance to achieve homeownership, saving for a 20% down payment could take Floridians 18 years.

June 1, 2022
Press Release: Illinois Ranks #4 in the U.S. for Low Down Payment Mortgage Lending in 2021

Over 84,000 in the state turned to private mortgage insurance to achieve homeownership, saving for a 20% down payment could take Illinoisans 11 years.

June 1, 2022
Press Release: Ohio Ranks #5 in the U.S. for Low Down Payment Mortgage Lending in 2021

Over 64,000 in the state turned to private mortgage insurance to access homeownership, saving for a 20% down payment could take Ohioans 10 years.

June 1, 2022
Press Release: New Report – For 65 Years, Private Mortgage Insurers Enabled More than 37 Million Families to Access Homeownership Sooner

In 2021, the industry helped nearly 2 million low down payment borrowers secure mortgage financing; Texas, California, Florida, Illinois, and Ohio rank as the top states for mortgage financing with private MI.

May 25, 2022
Statement: Senate Confirmation of Sandra Thompson as FHFA Director

Lindsey Johnson, President of the U.S. Mortgage Insurers (USMI), today issued the following statement on the U.S. Senate’s bipartisan confirmation of Sandra Thompson to serve as Director of the Federal Housing Finance Agency (FHFA):

May 23, 2022
Press Release: Private Mortgage Insurers Transferred Over $55 Billion in Risk on Nearly $2.8 Trillion of Active Coverage at Year-End 2021

Use of credit risk transfer and enhanced capital requirements transformed the industry from a cyclical business to a more stable, long-term manager of mortgage credit risk.

May 23, 2022
Blog: Interview with National MI President and CEO Adam Pollitzer on MI-CRT

Since 2015, the private mortgage insurance (MI) industry has used MI Credit Risk Transfer (MI-CRT) to reduce volatility in the business and bring more sources of private capital to the housing finance market.