USMI President Seth Appleton authored an opinion article in the American Banker on a short-sighted and risky idea to prematurely canceling PMI using AVMs.
USMI President Seth Appleton today issued the following statement on updated guidance provided by the GSEs, Fannie Mae and Freddie Mac, under the oversight of the FHFA, to the Private Mortgage Insurer Eligibility Requirements’ (PMIERs) Available Asset Standard.
USMI published a statement on FHFA’s conditional approval of Freddie Mac’s Purchase of Single-Family Closed-End Second Mortgages.
USMI joined ACH, CHLA, HPC, and ICBA in sending a letter to the FHFA to share observations and recommendations related to the GSEs definition and policies regarding First-Generation Homebuyers.
USMI joined ABA, HPC, ICBA, and MBA in sending a letter to FHFA Director Sandra Thompson regarding the publication of the VantageScore 4.0 historical dataset planned for early in 3Q 2024.
USMI joined a coalition of housing finance organizations in sending a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson.
USMI today released a new report detailing the important enhancements, undertaken over the past 15 years, that have heightened the ability of private MI to better support the housing finance system and serve as a source of strength in the system through all market cycles.
On October 20, 2023, the U.S. private mortgage insurance (MI) industry submitted a supplemental comment letter to the Securities and Exchange Commission (SEC) in response to its Proposed Rule concerning “Prohibition Against Conflicts of Interest in Certain Securitizations.”
USMI President Seth Appleton issued the following statement on the Federal Housing Finance Agency’s (FHFA) announcement of the next phase of the public engagement process for the updated credit score requirements for loans acquired by Fannie Mae and Freddie Mac.
U.S. Mortgage Insurers (USMI) submitted a comment letter in response to the FHFA’s RFI on Fannie Mae and Freddie Mac’s Single-Family Mortgage Pricing Framework.
U.S. Mortgage Insurers (USMI) submitted a comment letter in response to the FHFA’s RFI on Fannie Mae and Freddie Mac’s Single-Family Mortgage Pricing Framework.
USMI submitted a letter to the Federal Housing Finance Agency (FHFA) to provide feedback on the agency’s Notice of Proposed Rulemaking (NPR) on “Fair Lending, Fair Housing, and Equitable Housing Finance Plans.”
Policy Priorities
