News & Events

National Survey Confirms Low Housing Supply and Lack of Affordable Housing Among Biggest Homebuying Challenges for Minorities and Americans Overall

June 21, 2021

2021 National Homeownership Market Survey Also Finds Most Americans Don’t Understand Availability of Low Down Payment Mortgage Options WASHINGTON — U.S. Mortgage Insurers (USMI) today released its 2021 National Homeownership Market Survey that finds nearly 7 in 10 (69 percent) … Continued

Letters to Congress on MI Premium Deductibility Proposal

June 21, 2021

USMI joined Mortgage Bankers Association, National Association of Home Builders, and National Association of REALTORS® in submitting letters to Chairman Richard Neal and Ranking Member Kevin Brady of the House Committee on Ways and Means as well as Chairman Ron … Continued

USMI Comment Letter on Credit Risk Retention Rule

June 11, 2021

USMI joined with several other housing and finance organizations to submit a comment letter to banking and housing regulators on June 11, providing observations and recommendations with respect to the review of certain provisions of the Credit Risk Retention Rule. … Continued

New Report: Home Loans Backed by Private Mortgage Insurance Increased 53 Percent in 2020, Allowing More Borrowers to Access Homeownership Three Times Sooner

June 2, 2021

Texas, California, Florida, Illinois, and Michigan among top states for mortgage financing with private MI WASHINGTON — U.S. Mortgage Insurers (USMI), the association representing the nation’s leading private mortgage insurance (MI) companies, today released its annual report on mortgage financing … Continued

USMI LETTER TO THE JOINT COMMITTEE ON TAXATION TO MAKE MI TAX DEDUCTION PERMANENT & ELIMINATE AGI PHASE OUT

May 17, 2021

On April 16, USMI sent a letter to the Joint Committee on Taxation in response to the legislative proposal to make permanent the Mortgage Insurance Premium Deduction and to eliminate the Adjusted Gross Income (AGI) phase out. In the letter, … Continued

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