Newsletter: June 2023

June 23, 2023

Summer is here, and so are major updates for the housing finance industry as we celebrate National Homeownership Month! Recently, U.S. Mortgage Insurers (USMI) Chairman Adolfo Marzol sat down with USMI President Seth Appleton to discuss the performance of the private mortgage insurance (MI) industry in 2022, as the association released its latest volume and credit risk transfer (CRT) data. This data highlights the number of homeowners helped by private MI in 2022 and the amount of mortgage credit risk that private MIs transferred to the global reinsurance and capital markets. In addition, USMI announced that Christina Brown joined the association as Vice President and Senior Counsel, while Brendan Kihn was promoted to Vice President of Government Relations. Read about these topics and more below.

USMI Chairman Adolfo Marzol on the Private MI Industry’s 2022 Performance
Private MI by the Numbers: 2022
USMI Names Christina Brown as Vice President and Senior Counsel
The Middle Class Mortgage Insurance Premium Act of 2023
FHFA Rescinds GSE Upfront Fees on DTI Ratio
House Financial Services Committee Hearing on FHFA Oversight: Protecting Homeowners and Taxpayers
USMI Joins Coalition in Responding to FHFA’s Proposed Enterprise Regulatory Capital Framework (ERCF)
USMI Sends Supplemental Comments & Recommendations to GSE Credit Score Industry Engagement Survey
What We’re Reading: Inside Mortgage Finance
What We’re Listening To: HousingWire Daily Podcast