“USMI applauds the members of the Senate Finance Committee for voting on a bipartisan basis today to extend vital homeowner tax relief. We are particularly pleased that the bill continues to recognize the tax-deductible treatment of mortgage insurance premiums for low and moderate income borrowers.  We look forward to working constructively with Congress towards enactment of this important tax relief for homeowners.”

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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.