News & Events

CFPB Issues Bulletin Regarding the Cancelability of MI

August 9, 2015

In case you missed it, this week the CFPB issued guidance to mortgage loan servicers confirming the requirements on the cancelability of private mortgage insurance (MI) when the borrower pays down the loan to specified levels. This is one of … Continued

USMI Joins Broad Coalition Opposing Use of G-Fees To Fund Highway Bill

July 23, 2015

(July 23, 2015) This week, USMI joined a broad coalition of nine other housing groups to send a letter to Senate leadership opposing the use of the credit risk guarantee fees (g-fees) charged by the housing finance enterprises, Fannie Mae and Freddie Mac, as a source of funding for the extension of federal transportation programs…

Bipartisan Senators Urge Release of Plan for Transferring Credit Risk to Private Sector

June 10, 2015

(June 10, 2015) A group of Senate Banking Committee members sent a letter today to FHFA urging them to expand and better define the development of the credit risk transfer programs at the GSEs.   The letter and press release … Continued

The Hill: Making Progress to Sustain Homeownership

June 4, 2015

June is National Homeownership Month, an important reminder that homeownership remains a cornerstone of the American dream. It is also a reminder that there is unfinished work left to do to put our housing finance system on a more sustainable footing so that more Americans will have access to prudent and affordable mortgage credit well into the future, and taxpayers are shielded from risks.

USMI Welcomes Effort to Increase Reliance on Private Capital In Housing Finance

May 21, 2015

USMI delivered the following letter to members of the Senate Banking Committee:

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