Seth Appleton, President of USMI, issued the following statement on the release of FHA’s Fiscal Year 2025 Annual Report to Congress on the financial status of the Mutual Mortgage Insurance Fund (MMIF).
Seth Appleton, President of USMI, released the following statement regarding U.S. Federal Housing’s (FHFA) final rule on 2026-2028 Enterprise Housing Goals.
USMI welcomes Director Pulte’s announcement allowing the GSEs to use VantageScore 4.0, and its members will be ready to accept loans with VantageScore 4.0 credit scores in accordance with the GSEs’ timelines and guidance
On March 19, USMI joined the ABA, HPC, ICBA, MBA, and SFA in sending a letter to FHFA Director Bill Pulte to provide collective recommendations on FHFA’s Credit Score Models and Reports Initiative.
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.”
