USMI President Seth Appleton authored an opinion piece in the Springfield News-Leader on the greatest challenges that future homebuyers face in his home state using data from USMI’s 2024 National Homeownership Survey.
USMI President Seth Appleton authored an opinion article in the American Banker on a short-sighted and risky idea to prematurely canceling PMI using AVMs.
We have all seen the headlines. After years of homebuyers growing accustomed to a 30-year mortgage rate as low as 3%, 2023 saw fluctuations between 6% and 8%, with higher rates persisting into 2024.
An Inside Mortgage Finance article from May 16 titled, “USMI Seeks Improved Treatment for Private MI,” highlighted USMI’s recent supplemental comment letter on the Basel III Endgame proposed rule.
An Inside Mortgage Finance article from January 26 titled, “USMI Calls for Changes to Proposed Bank Capital Rule,” highlighted USMI’s comment letter on the Basel III Endgame proposed rule.
An IMF article from December 7 titled, “USMI Leader Calls for Coordination on Housing Policy,” focused on USMI President Seth Appleton’s testimony at a House Financial Services Committee hearing on housing affordability.
A WPDE ABC15 News article and broadcast piece by Michael Owen featuring USMI President Seth Appleton reports on financing options for those seeking to access homeownership in South Carolina, amidst a high rate mortgage market.
USMI President Seth Appleton authored an opinion article in the Dallas Morning News on the competitive housing market in Dallas, Texas and the role private mortgage insurance (MI) plays for first-time homeowners saving for down payments.
Homeownership remains at the core of the American Dream. After all, it improves financial security, enhances family and community stability, and builds intergenerational wealth. The Federal Reserve’s 2019 Survey of Consumer Finances found that the median net worth of a homeowner is approximately $255,000 — more than 40 times that of a renter.
As we celebrate Black History Month, it is important to remember why the mortgage and housing finance systems need to focus on Black homeownership. Owning a home helps to increase financial security, enhance family and community stability, and build intergenerational wealth.
From Law360’s David van den Berg: “Surging housing prices around the country are fueling a legislative push to revive the mortgage insurance premium deduction that expired at the end of 2021, with two House proposals and one Senate bill pending.”
By: Lindsey Johnson Homeownership has been on the rise over the past few years even during the […]
Policy Priorities
