“On July 10, 2014, the FHFA published a Request for Input soliciting feedback on a draft of revised private mortgage insurer eligibility requirements (“PMIERs”).
Today, USMI joined 586 organizations across the country in filing a letter to the United States Senate and House of Representatives, urging Congress to act in the Lame Duck session to extend seamlessly, enhance or make permanent the expired and expiring tax provisions
“Today, FHA released updated information on the status of the FHA insurance fund. While progress was made in restoring the financial health of the fund, it fell short of its 2% capital ratio mandate.”
On October 20, Federal Housing Finance Administration (FHFA) Director Watt announced that FHFA and the GSEs were working on guidelines to expand access to 3% low down payment mortgages.
“USMI welcomes the announcement today by FHFA Director Watt that FHFA and the GSEs are working on sensible and responsible guidelines for expanding access to 97% loan-to-value (LTV) low down payment mortgages.”
“USMI welcomes the announcement today by FHFA Director Watt that FHFA and the GSEs are working on sensible and responsible guidelines for expanding access to 97% loan-to-value (LTV) low down payment mortgages.”
USMI Co-Chairs Rohit Gupta and Adolfo Marzol talk about how MI can improve access to credit in this op-ed published in the American Banker this month:
USMI submitted comments on the request for input from the Federal Housing Finance Agency (“FHFA”) regarding the proposed structure for a single security to be issued and guaranteed by Fannie Mae and Freddie Mac (the “GSEs”)
USMI today submitted its response to the Federal Housing Finance Agency (FHFA) request for input regarding its strategic plan for fiscal years 2015 through 2019. USMI believes that FHFA’s Plan should further take into account mortgage insurance’s (“MI”) role as a reliable source of credit enhancement that can help advance and support the strategic goals of the Plan to ensure liquidity, stability, and access in housing, benefitting taxpayers, borrowers, and lenders.
“Today, the 60-day comment period closed on revised Private Mortgage Insurer Eligibility Requirements (“PMIERs”) that set standards for approving mortgage insurers (MIs) covering GSE loans. “
USMI today submitted its response to the Federal Housing Finance Agency (FHFA) request for input (RFI) regarding the guarantee fees (g-fees) that Freddie Mac and Fannie Mae charge to lenders.
“Today, FHFA published new, draft Private Mortgage Insurer Eligibility Requirements (“PMIERs”) that establish the standards for MIs to be approved to insure loans sold to or guaranteed by Fannie Mae and Freddie Mac (the “GSEs”)
Policy Priorities
