Press Release: USMI Announces Executive Leadership Changes
For Immediate Release
February 24, 2015
Robert Schwartz 202-207-3665 (email@example.com)
Michael Timberlake 202-207-3637 (firstname.lastname@example.org)
USMI Announces Executive Leadership Changes
USMI announced today changes in the trade association’s executive leadership. USMI Co-Chair Adolfo Marzol, Executive Vice President of Essent Guaranty, will be retiring at the end of March. Rohit Gupta, President and CEO of Genworth Mortgage Insurance, who served as Co-Chair with Marzol since the formation of USMI, will become the Chair of USMI.
“Adolfo was an essential figure in the formation and launch of USMI last year,” said Gupta. “He brought a tremendous wealth of experience and expertise to the industry and his many contributions will certainly extend beyond his tenure.”
“I am honored to have been part of forming USMI,” said Marzol. “This is a critical time for mortgage finance, and I am gratified at the growing understanding of the vital role MI plays to protect taxpayers, increase access for borrowers, and work with lenders of all sizes. I’m confident that the MI industry is well-positioned for the future under the leadership of USMI.”
U.S. Mortgage Insurers (USMI) is dedicated to a housing finance system backed by private capital that enables access to housing finance for borrowers while protecting taxpayers. Mortgage insurance offers an effective way to make mortgage credit available to more people. USMI is ready to help build the future of homeownership. Learn more at www.usmi.org.