June 17, 2025
Statement: Mortgage Insurance Tax Deductibility’s Inclusion in Senate Reconciliation Bill

Seth Appleton, USMI president, released the following statement following the inclusion of language in the Senate reconciliation bill by Chairman Crapo and Senator Tillis that would reinstate and make permanent the deductibility of MI premiums.

June 11, 2025
Press Release: Despite Market Challenges, Private Mortgage Insurers Helped More Than 800,000 Borrowers in 2024 Become Homeowners

U.S. Mortgage Insurers, the association representing the nation’s leading private mortgage insurance (MI) companies, released its annual volume data for last year that show the industry helped more than 800,000 borrowers secure mortgage financing in 2024.

April 14, 2025
Statement: Introduction of the Middle Class Mortgage Insurance Premium Act

Seth Appleton, President of USMI, released the following statement following the bipartisan introduction of the Middle Class Mortgage Insurance Premium Act (H.R. 2760) by Representatives Vern Buchanan and Jimmy Panetta.

March 13, 2025
Statement: USMI on the Confirmation of Bill Pulte as FHFA Director

Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement on today’s Senate confirmation of Bill Pulte as Federal Housing Finance Agency (FHFA) Director by a bipartisan vote of 56 to 43:

February 5, 2025
Statement: Bipartisan Senate Confirmation of Scott Turner as HUD Secretary

Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement on today’s confirmation of Scott Turner by the United States Senate to serve as Secretary of the U.S. Department of Housing and Urban Development (HUD) by a vote of 55 to 44:

January 16, 2025
Statement: Nomination of Bill Pulte as FHFA Director

Seth Appleton, President of USMI, released the following statement on President-elect Trump’s intent to nominate Bill Pulte to serve as the Federal Housing Finance Agency (FHFA) Director.

December 12, 2024
Statement: Selection of French Hill (R-AR-02) to be the Next Chairman of the House Financial Services Committee

USMI President Seth Appleton issued the following statement on the House Republican Steering Committee’s selection of French Hill (R-AR-02) to be the next Chairman of the U.S. House of Representatives Financial Services Committee.

November 23, 2024
Statement: Nomination of Scott Turner to Department of Housing and Urban Development

Seth Appleton, President of U.S. Mortgage Insurers (USMI), the association representing the nation’s leading private mortgage insurance (MI) companies, issued the following statement on the nomination of Scott Turner to lead the Department of Housing and Urban Development (HUD).

November 15, 2024
Statement: FHA’s 2024 Annual Financial Report to Congress

Seth Appleton, President of U.S. Mortgage Insurers (USMI), issued the following statement on the FHA’s release of its Fiscal Year 2023 Annual Report to Congress on the financial status of the MMIF

October 24, 2024
Press Release: USMI’s 2024 Homeownership Market Survey

U.S. Mortgage Insurers (USMI) today released its 2024 National Homeownership Market Survey that finds nearly 8 in 10 Americans (78%) believe owning a home is very important (which is 6% higher than USMI’s 2021 National Homeownership Market Survey).

October 7, 2024
USMI Joins CONVERGENCE Collaborative

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.

October 2, 2024
Statement: ROAD to Housing Act

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.