Press Release: USMI Applauds Bipartisan Vote on Johnson-Crapo
For Immediate Release
May 15, 2014
Media Contacts
Robert Schwartz 202-207-3665 (rschwartz@prismpublicaffairs.com)
Michael Timberlake 202-207-3637 (mtimberlake@prismpublicaffairs.com)
Statement from U.S. Mortgage Insurers (USMI)
“U.S. Mortgage Insurers (USMI) applauds the bipartisan vote by the Senate Banking Committee to approve the Johnson-Crapo housing finance legislation.
“The Johnson-Crapo bill recognizes the valuable role of private mortgage insurance to provide creditworthy borrowers with access to affordable and sustainable mortgages, protect taxpayers, and serve lenders of all sizes.
“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 members look forward to working with policymakers in support of comprehensive housing finance reform legislation that relies on a stable platform of private capital and sound lending practices to build the future of homeownership.”
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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.
