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.
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.
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 submitted a letter for the record for the House Committee on Ways and Means’ January 14, 2025 hearing titled “The Need to Make Permanent the Trump Tax Cuts for Working Families.”
USMI joined a broad cross-section of housing industry, advocacy, and civil rights organizations in sending letters to the House Committee on Ways and Means Chairman Jason Smith (R-MO) and Ranking Member Richard Neal (D-MA) regarding the tax treatment of mortgage insurance premiums.
Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement on the reintroduction of The Middle Class Mortgage Insurance (MI) Premium Act
USMI submitted a letter for the record for the U.S. Senate Committee on Finance’s March 7 hearing titled, “Tax Policy’s Role in Increasing Affordable Housing Supply for Working Families.”
Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement on the introduction of The Middle-Class Mortgage Insurance (MI) Premium Act of 2023 sponsored by Representatives Vern Buchanan (R-FL) and Jimmy Panetta (D-CA).
USMI joined a coalition of housing finance organizations in sending a letter to the House Ways and Means Chairman Richard Neal.
USMI joined a coalition of housing finance organizations in sending a letter to the Senate Finance Committee Chairman Ron Wyden.
USMI submitted a statement for the record to the U.S. Senate Committee on Finance for its July 20 hearing, “The Role of Tax Incentives in Affordable Housing.”
USMI submitted a statement for the record to the U.S. House of Representatives Committee on Ways and Means for its July 13, 2022 hearing, “Nowhere to Live: Profits, Disinvestment, and the American Housing Crisis.”
Policy Priorities
