Announcements & Statements

USMI TESTIFIES ON THE ROLES OF PRIVATE MI AND FHA, THE NEED TO STRIKE THE RIGHT BALANCE FOR TAXPAYERS

February 26, 2015

Rohit Gupta, President and CEO of Genworth Mortgage Insurance and Chair of U.S. Mortgage Insurers (USMI), testified before the House Financial Services Committee Housing and Insurance Subcommittee today on behalf of the private Mortgage Insurance (MI) industry.

USMI Announces Executive Leadership Changes

February 24, 2015

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.

USMI Statement on FHA Fee Reduction Announcement

January 8, 2015

“Last November, FHA released updated information on the status of the FHA insurance fund. While progress was made in restoring the financial health of the fund, it fell well short of its 2% capital ratio mandate.

USMI Commends Passage of Homeowner Tax Relief

December 17, 2014

“USMI commends passage by Congress last night of a one year extension of vital homeowner tax relief…

USMI Responds to FHFA Announcement on Expanding 97 LTV Loans

December 8, 2014

“USMI members welcome the announcement from the Federal Housing Finance Agency (FHFA) to expand access to 3% low down payment mortgages”

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