January 17, 2024
Press Release: USMI Submits Comment Letter to Banking Regulators on Basel III Endgame Proposed Rule

U.S. Mortgage Insurers submitted a comment letter in response to a NPR issued by the Federal Reserve, FDIC, and the OCC on the Basel III Endgame proposed rule.

November 27, 2023
Statement: SEC Final Securities Act Rule 192 Prohibiting Conflicts of Interest in Certain Securitizations

Seth Appleton, USMI President, issued the following statement on the Securities and Exchange Commission’s (SEC) finalized Securities Act Rule 192.

November 15, 2023
Statement: FHA’s 2023 Annual Financial Report to Congress

Seth Appleton, President of U.S. Mortgage Insurers (USMI), issued the following statement on the FHA’s release of its Fiscal Year 2023 Annual Report to Congress on the financial status of the MMIF

September 11, 2023
Statement: FHFA Announcement Regarding Credit Score Implementation and Timing

USMI President Seth Appleton issued the following statement on the Federal Housing Finance Agency’s (FHFA) announcement of the next phase of the public engagement process for the updated credit score requirements for loans acquired by Fannie Mae and Freddie Mac.

August 15, 2023
Press Release: USMI Submits Comment Letter on GSEs’ Single-Family Mortgage Pricing Framework

U.S. Mortgage Insurers (USMI) submitted a comment letter in response to the FHFA’s RFI on Fannie Mae and Freddie Mac’s Single-Family Mortgage Pricing Framework.

June 28, 2023
Press Release: Texas Ranks #1 in the U.S. for Low Down Payment Mortgage Lending in 2022

Nearly 100,000 in the state relied on private mortgage insurance to achieve homeownership, saving for a 20% down payment could take Texans 34 years

June 28, 2023
Press Release: Florida Ranks #2 in the U.S. for Low Down Payment Mortgage Lending in 2022

Over 76,400 in the state relied on private mortgage insurance to achieve homeownership, saving for a 20% down payment could take Floridians 45 years

June 28, 2023
Press Release: California Ranks #3 in the U.S. for Low Down Payment Mortgage Lending in 2022

Over 67,000 in the state relied on private mortgage insurance to achieve homeownership, saving for a 20% down payment could take Californians 61 years

June 28, 2023
Press Release: Illinois Ranks #4 in the U.S. for Low Down Payment Mortgage Lending in 2022

Over 48,100 in the state relied on private mortgage insurance to achieve homeownership, saving for a 20% down payment could take Illinoisans 21 years

June 28, 2023
Press Release: Ohio Ranks #5 in the U.S. for Low Down Payment Mortgage Lending in 2022

Over 40,500 in the state relied on private mortgage insurance to access homeownership, saving for a 20% down payment could take Ohioans 23 years

June 28, 2023
Press Release: Homeownership Supported by Private Mortgage Insurance at the National and State Levels

In 2022, the industry helped over 1 million low down payment borrowers secure mortgage financing. Texas, Florida, California, Illinois, and Ohio ranked as the top states for mortgage financing with private MI.

June 15, 2023
Statement: U.S. Senate Reintroduction of The Middle Class Mortgage Insurance Premium Act of 2023

Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement on the reintroduction of The Middle Class Mortgage Insurance (MI) Premium Act