USMI joined a broad cross-section of housing industry, advocacy, and civil rights organizations in sending letters to the House Committee on Ways and Means Chairman Jason Smith (R-MO) and Ranking Member Richard Neal (D-MA) regarding the tax treatment of mortgage insurance premiums.
During this Hispanic Heritage Month, U.S. Mortgage Insurers (USMI) continues to highlight how the Hispanic community contributes to the U.S. housing market.
USMI joins the Mortgage Bankers Association and other leading industry stakeholders in the formation of the CONVERGENCE Collaborative – a coordinated effort designed to help address the racial homeownership gap.
USMI welcomes the recent introduction of Senator Tim Scott’s (R-SC) ROAD to Housing Act, S. 5027, and the focus of Congress on solutions to address our nation’s housing affordability challenges.
First-time homebuyers took the gold medal in overcoming hurdles to homeownership in 2023.
USMI President Seth Appleton today issued the following statement on updated guidance provided by the GSEs, Fannie Mae and Freddie Mac, under the oversight of the FHFA, to the Private Mortgage Insurer Eligibility Requirements’ (PMIERs) Available Asset Standard.
Ohio ranked fifth in the nation for private mortgage insurance use in 2023 according to a new report released today from U.S. Mortgage Insurers.
Illinois ranked fourth in the nation for private mortgage insurance use in 2023 according to a new report released today from U.S. Mortgage Insurers.
California ranked third in the nation for private mortgage insurance use in 2023 according to a new report released today from U.S. Mortgage Insurers.
Florida ranked second in the nation for private mortgage insurance use in 2023 according to a new report released today from U.S. Mortgage Insurers.
More Texans used private mortgage insurance to purchase their homes than the residents of any other state according to a new report released today from U.S. Mortgage Insurers.
In the midst of ongoing housing market challenges, a new report from USMI shows that first-time and low down payment borrowers across the country continued to purchase homes with low down payment mortgages backed by private MI.