June 15, 2023
Statement: U.S. Senate Reintroduction of The Middle Class Mortgage Insurance Premium Act of 2023

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

March 23, 2023
Letter: Statement for the Record for U.S. Senate Committee on Finance’s hearing, “Tax Policy’s Role in Increasing Affordable Housing Supply for Working Families.”

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.”

March 9, 2023
Statement: The Introduction of The Middle Class Mortgage Insurance Premium Act of 2023

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).

November 17, 2022
Letter: Joint Trades Letter to House Ways and Means Committee in Support of MI Tax Deduction

USMI joined a coalition of housing finance organizations in sending a letter to the House Ways and Means Chairman Richard Neal.

November 17, 2022
Letter: Joint Trades Letter to Senate Finance Committee in Support of MI Tax Deduction

USMI joined a coalition of housing finance organizations in sending a letter to the Senate Finance Committee Chairman Ron Wyden.

July 22, 2022
Letter: Statement to Senate Finance Committee Hearing, “The Role of Tax Incentives in Affordable Housing”

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.”

July 22, 2022
Letter: Statement to House Committee on Ways and Means’ Hearing, “Nowhere to Live: Profits, Disinvestment, and the American Housing Crisis”

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.”

March 14, 2022
Letter: USMI Calls for Senate Finance Committee to Co-Sponsor the Middle Class Mortgage Insurance Premium Act of 2022

USMI sent letters to members of the Senate Finance Committee encouraging them to co-sponsor the Middle Class Mortgage Insurance Premium Act of 2022, introduced by Senator Maggie Hassan (D-NH) and co-sponsored by Senator Roy Blunt (R-MO).

February 22, 2022
Article: Home Prices Fuel Push to Revive Mortgage Insurance Tax Break

From Law360’s David van den Berg: “Surging housing prices around the country are fueling a legislative push to revive the mortgage insurance premium deduction that expired at the end of 2021, with two House proposals and one Senate bill pending.”

December 1, 2021
Statement: Introduction of The Middle Class Mortgage Insurance Premium Act of 2021

WASHINGTON — Lindsey Johnson, President of U.S. Mortgage Insurers (USMI), released the following statement on the introduction […]

August 9, 2021
Letter: Major Housing Industry Trades and Homeownership Advocates on Tax Treatment of MI Premiums

USMI joined a coalition of housing finance organizations including the Mortgage Bankers Association, National Association of Home […]

June 21, 2021
Letters to Congress: MI Premium Deductibility Proposal

USMI joined Mortgage Bankers Association, National Association of Home Builders, and National Association of REALTORS® in submitting […]