Seth Appleton, President of U.S. Mortgage Insurers (USMI), testified on December 6, 2023, before the U.S. House of Representatives Committee on Financial Services, Subcommittee on Housing and Insurance.
As the year draws to a close, there is no shortage of housing finance policy activity.
Seth Appleton, USMI President, issued the following statement on the Securities and Exchange Commission’s (SEC) finalized Securities Act Rule 192.
Seth Appleton, President of U.S. Mortgage Insurers (USMI), issued the following statement on the FHA’s release of its Fiscal Year 2023 Annual Report to Congress on the financial status of the MMIF
USMI joined a coalition of real estate and housing finance organizations in sending a letter to House and Senate leadership.
USMI today released a new report detailing the important enhancements, undertaken over the past 15 years, that have heightened the ability of private MI to better support the housing finance system and serve as a source of strength in the system through all market cycles.
A WPDE ABC15 News article and broadcast piece by Michael Owen featuring USMI President Seth Appleton reports on financing options for those seeking to access homeownership in South Carolina, amidst a high rate mortgage market.
USMI President Seth Appleton authored an opinion article in the Dallas Morning News on the competitive housing market in Dallas, Texas and the role private mortgage insurance (MI) plays for first-time homeowners saving for down payments.
On October 20, 2023, the U.S. private mortgage insurance (MI) industry submitted a supplemental comment letter to the Securities and Exchange Commission (SEC) in response to its Proposed Rule concerning “Prohibition Against Conflicts of Interest in Certain Securitizations.”
USMI today issued the following statement on the FHFA’s publication of the New Uniform Appraisal Dataset (UAD) Appraisal-Level Public Use File (PUF) (UAD Appraisal-Level PUF).
Congress is back, and so is USMI’s newsletter, focusing on key developments in the housing finance arena.
USMI President Seth Appleton issued the following statement on the Federal Housing Finance Agency’s (FHFA) announcement of the next phase of the public engagement process for the updated credit score requirements for loans acquired by Fannie Mae and Freddie Mac.
Policy Priorities
