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.”
Seth Appleton, President of U.S. Mortgage Insurers (USMI), issued the following statement on the FHA’s release of its Fiscal Year 2023 Annual Report to Congress on the financial status of the MMIF
USMI submitted a comment letter in response to a notice of proposed new product issued by the FHFA on the proposed “Freddie Mac Single-Family Closed-End Second Mortgages” product.
The U.S. private mortgage insurance industry submitted a comment letter to the Securities and Exchange Commission (SEC) in response to Proposed Rule 192.
Statement on Federal Housing Finance Agency’s announcements to further adjust the government-sponsored enterprises’ (GSEs or Enterprises), Fannie Mae and Freddie Mac, upfront fees for certain loan purposes and risk attributes.
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).
Use of credit risk transfer and enhanced capital requirements transformed the industry from a cyclical business to a more stable, long-term manager of mortgage credit risk.
Since 2015, the private mortgage insurance (MI) industry has used MI Credit Risk Transfer (MI-CRT) to reduce volatility in the business and bring more sources of private capital to the housing finance market.
WASHINGTON—Lindsey Johnson, President of U.S. Mortgage Insurers (USMI), released the following statement on the announcement by U.S. […]
WASHINGTON — Lindsey Johnson, President of U.S. Mortgage Insurers (USMI), today published the following blog on USMI.org in response […]
U.S. Mortgage Insurers (USMI) Chairman and Mortgage Guaranty Insurance Corporation (MGIC) CEO Patrick Sinks today testified on behalf of USMI in front of the House Financial Services Committee’s Subcommittee on Housing and Insurance in a hearing entitled “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform, Part IV.”
On October 13, the comment period closed for the Federal Housing Finance Agency (FHFA)’s Single-Family Credit Risk Transfer (CRT) Request for Input (RFI).