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.
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.
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.
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:
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:
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.
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.
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).
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
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).
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.