June is here, and that means it’s National Homeownership Month! USMI released its annual report on mortgage financing supported by the private mortgage insurance (MI) industry at the national and state levels. The report found that the industry supported over 37 million low down payment borrowers in its 65-year history, and revealed that Texas, California, Florida, Illinois, and Ohio were the top five states for mortgage financing with private MI in 2021. Also, USMI announced the latest MI-CRT data, which highlights the number and amount of mortgage credit risk that private mortgage insurers aggregated and distributed into the global reinsurance and capital markets through 2021. Read more about these topics and other developments below.