USMI joined the ABA, SIFMA, MBA, SIFMA-AMG, ICBA, SFA, and HPC in sending a letter to SEC Chairman Paul Atkins commending the Commission for prioritizing “Asset-Backed Securities Registration and Disclosure Enhancements” on the Spring 2025 Unified Agenda of Regulatory and Deregulatory Actions.
On December 1st, 2025, USMI submitted a comment letter on the U.S. Securities and Exchange’s (SEC) “Concept Release on Residential Mortgage-Backed Securities (RMBS) Disclosures and Enhancements to Asset-Backed Securities Registration” (Concept Release).
Private mortgage insurance is a powerful tool to buy a home that has declined in cost in recent years.
Since 1990, the FHA’s taxpayer-backed MMIF has been required by statute to maintain a positive economic value of 2% going forward to help cover any unexpected losses – a requirement often referred to as FHA’s 2% Capital Ratio.
USMI President Seth Appleton authored an opinion piece in the Western Journal on the reinstatement and permanency of the mortgage insurance (MI) premium tax deduction.
On November 5, USMI submitted a comment letter to U.S. Federal Housing (FHFA) on the FHFA’s proposed “Strategic Plan for Fiscal Years 2026 – 2030.”
On November 3, USMI submitted a comment letter to U.S. Federal Housing (FHFA) for the FHFA’s proposed rule on “2026-2028 Enterprise Housing Goals.”
USMI President Seth Appleton authored an opinion piece in HousingWire on how private mortgage insurance (MI) is a powerful tool that helps first-time buyers and working-class families become homeowners years sooner.
Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement regarding the Senate confirmation of Jonathan McKernan to become the Under Secretary for Domestic Finance at the U.S. Department of the Treasury by a vote of 51 to 47:
USMI and its member companies provided feedback on the U.S. Federal Housing’s (FHFA) Notice of Proposed Rulemaking (NPR) repealing its “Fair Lending, Fair Housing, and Equitable Housing Finance Plans” regulation.
As the leaves start falling, USMI is back with a roundup of recent housing finance news that you might have missed over the summer.
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
