With tax season upon us, USMI is hard at work continuing to push for the mortgage insurance (MI) tax deduction to be reinstated, made permanent, and expanded.
As we start 2025 with a new administration, a new Congress, and new state legislative sessions across the country, housing affordability is poised to be a major topic of discussion.
On March 19, USMI joined the ABA, HPC, ICBA, MBA, and SFA in sending a letter to FHFA Director Bill Pulte to provide collective recommendations on FHFA’s Credit Score Models and Reports Initiative.
Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement on today’s Senate confirmation of Bill Pulte as Federal Housing Finance Agency (FHFA) Director by a bipartisan vote of 56 to 43:
As Black History Month comes to a close, USMI recognizes the importance of homeownership and highlights key insights from our recent survey about data and trends influencing Black homeownership in America today.
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.
Seth Appleton, President of U.S. Mortgage Insurers (USMI), released the following statement on today’s confirmation of Scott Turner by the United States Senate to serve as Secretary of the U.S. Department of Housing and Urban Development (HUD) by a vote of 55 to 44:
USMI sent a letter expressing strong support for William “Bill” Pulte to serve as the next Director of the Federal Housing Finance Agency (FHFA) to Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-MA).
USMI submitted a letter for the record for the House Committee on Ways and Means’ January 14, 2025 hearing titled “The Need to Make Permanent the Trump Tax Cuts for Working Families.”
Seth Appleton, President of USMI, released the following statement on President-elect Trump’s intent to nominate Bill Pulte to serve as the Federal Housing Finance Agency (FHFA) Director.
USMI joined a group of housing industry organizations in sending a letter to the Senate Committee on Banking, Housing and Urban Affairs Chairman Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-MA) offering support for Scott Turner to serve as the next Secretary of the Department of Housing and Urban Development (HUD).
Policy Priorities
