USMI submitted supplemental comments & recommendations to Fannie Mae and Freddie Mac’s Credit Score Industry Engagement Survey.
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.
USMI issued the following statement on the Federal Housing Administration’s (FHA) release of its Fiscal Year 2022 Annual Report to Congress on the financial status of the Mutual Mortgage Insurance Fund (MMIF).
USMI issued the following statement on the Federal Housing Finance Agency’s (FHFA) announcements.
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.
As one arm of the federal government attempts to cool inflation and home price appreciation, another risks making things worse.
With record low housing supply and high inflation contributing to skyrocketing home prices, the barriers to owning a home may seem insurmountable.
As we kickoff Financial Literacy Month, we want to take a step back and look at the critical role mortgage insurance (MI) plays in leveling the homebuying playing field.
As we celebrate Black History Month, it is important to remember why the mortgage and housing finance systems need to focus on Black homeownership. Owning a home helps to increase financial security, enhance family and community stability, and build intergenerational wealth.
As the country kicks off primary elections in the mere matter of weeks, policymakers and advocacy groups are already sizing up what can and cannot be accomplished before voters go to the polls on November 8 for the 2022 midterm election.
USMI submitted a comment letter to the Consumer Financial Protection Bureau (CFPB) in response to its Request […]
Buying a home is the largest single investment most Americans will make, but during the last few […]