USMI submitted supplemental comments & recommendations to Fannie Mae and Freddie Mac’s Credit Score Industry Engagement Survey.
U.S. Mortgage Insurers (USMI) today announced the industry helped over 1 million low down payment borrowers secure mortgage financing in 2022, according to data from the government-sponsored enterprises (GSEs).
The private mortgage insurance (MI) industry helped over 1 million low down payment borrowers secure mortgage financing in 2022 –first-time homebuyers represented nearly 62% of this volume.
USMI also promotes Brendan Kihn to Vice President of Government Relations WASHINGTON — U.S. Mortgage Insurers (USMI), […]
USMI joined a coalition of housing finance organizations including the American Bankers Association (ABA), Housing Policy Council […]
Spring has arrived and with it, what is traditionally the nation’s peak homebuying season.
Homeownership remains at the core of the American Dream. After all, it improves financial security, enhances family and community stability, and builds intergenerational wealth. The Federal Reserve’s 2019 Survey of Consumer Finances found that the median net worth of a homeowner is approximately $255,000 — more than 40 times that of a renter.
The U.S. private mortgage insurance industry submitted a comment letter to the Securities and Exchange Commission (SEC) in response to Proposed Rule 192.
USMI submitted a letter for the record for the U.S. Senate Committee on Finance’s March 7 hearing titled, “Tax Policy’s Role in Increasing Affordable Housing Supply for Working Families.”
Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement on the introduction of The Middle-Class Mortgage Insurance (MI) Premium Act of 2023 sponsored by Representatives Vern Buchanan (R-FL) and Jimmy Panetta (D-CA).
Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement on the U.S. Department of Housing and Urban Development’s (HUD) announcement to reduce the annual mortgage insurance premiums (MIP) on loans backed by the Federal Housing Administration (FHA) by 30 basis points.
Statement on Federal Housing Finance Agency’s announcements to further adjust the government-sponsored enterprises’ (GSEs or Enterprises), Fannie Mae and Freddie Mac, upfront fees for certain loan purposes and risk attributes.
Policy Priorities
