June 7, 2018
Report: Texas Ranks First in U.S. for Number of Homebuyers Who Secured Home Financing Thanks to Private Mortgage Insurance

Findings Demonstrate Important Contributions by Private Mortgage Insurance to Texas Homeownership WASHINGTON — U.S. Mortgage Insurers (USMI), […]

June 7, 2018
Press Release: New Report Shows Importance of Private Mortgage Insurance in Helping Low Down Payment Borrowers Qualify for Mortgages in All 50 States

U.S. Mortgage Insurers (USMI), the association representing five of the top six private mortgage insurance (MI) companies in the United States, today released a report on the role of MI in all 50 states and the District of Columbia.

May 24, 2018
Statement: Confirmation Of Brian Montgomery As FHA Commissioner

Lindsey Johnson, President and Executive Director of U.S. Mortgage Insurers (USMI), today issued the following statement on the U.S. Senate’s confirmation of Brian Montgomery to serve as Federal Housing Administration (FHA) Commissioner.

April 27, 2018
Blog: 5 Questions to Ask When Shopping for a Mortgage

Choosing the best mortgage that fits your needs is an important first step and first-time homebuyers in particular should research the many options and know the right questions to ask.

March 14, 2018
Statement: On IMAGIN

U.S. Mortgage Insurers (USMI) President and Executive Director Lindsey Johnson issued the following statement on the recent news that Freddie Mac is piloting a new low down payment insurance program aimed at a small segment of the market called IMAGIN.

February 13, 2018
Blog: Mortgage Insurance is an Enduring Piece of Housing Finance Reform

While discussing 2018 housing finance reform recently, specifically private mortgage insurance’s role in helping homebuyers and protecting lenders and the GSEs in the mortgage finance system, I was reminded of one of the most significant reasons MI is uniquely valuable: it is compatible with nearly every form of mortgage credit execution.

February 9, 2018
Statement: Great News For Homebuyers: U.S. Congress Extends Mortgage Insurance Tax Deduction

U.S. Mortgage Insurers (USMI) President and Executive Director Lindsey Johnson issued the following statement on the federal budget deal passed by Congress and signed into law by President Trump today, which includes an extension of the tax deduction for mortgage insurance (MI) premiums.

January 31, 2018
Blog: Do the math: Homebuying now may save a lot

It is a common misconception that a 20 percent down payment is required to buy a home.

December 8, 2017
Newsletter: December 2017

As 2017 wraps up, there continue to be many developments in the housing finance system. On Capitol Hill, recent hearings before the House Financial Services Committee’s (HFSC) Subcommittee on Housing and Insurance featured top experts tackling the most pressing issues in the housing market.

December 6, 2017
Testimony: Chairman Patrick Sinks Before Congress on Mortgage Insurance and Sustainable Housing

U.S. Mortgage Insurers (USMI) Chairman and Mortgage Guaranty Insurance Corporation (MGIC) CEO Patrick Sinks today testified on behalf of USMI in front of the House Financial Services Committee’s Subcommittee on Housing and Insurance in a hearing entitled “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform, Part IV.” 

November 17, 2017
Newsletter: November 2017

As the Thanksgiving holiday nears, there has been a cornucopia of news in housing finance. Here is […]

November 15, 2017
Statement: FHA’s Annual Report to Congress

Today, the Federal Housing Administration (FHA) released its “Annual Report to Congress Regarding the Financial Status of the Mutual Mortgage Insurance Fund (MMIF) Fiscal Year 2017.” The following statement can be attributed to Lindsey Johnson, USMI President and Executive Director.