Statement: Selection of French Hill (R-AR-02) to be the Next Chairman of the House Financial Services Committee
WASHINGTON — Seth Appleton, President of U.S. Mortgage Insurers (USMI), the association representing the nation’s leading private mortgage insurance (MI) companies, issued the following statement on the House Republican Steering Committee’s selection of French Hill (R-AR-02) to be the next Chairman of the U.S. House of Representatives Financial Services Committee:
“USMI applauds the selection of Congressman French Hill (R-AR-02) to be the next Chairman of the U.S. House of Representatives Committee on Financial Services. Congressman Hill’s tenure on the committee reflects a long record of leadership to advance prudent homeownership opportunities for low down payment borrowers, while protecting the housing finance system, government, and taxpayers from undue credit risk. USMI looks forward to working with the incoming Chairman and members of the Committee to advance solutions to expand homeownership opportunities for hardworking Americans, while also ensuring a safe and sound housing finance system with robust taxpayer protection backed by private capital.”
###
U.S. Mortgage Insurers (USMI) is dedicated to a housing finance system backed by private capital that enables access to housing finance for borrowers while protecting taxpayers. Mortgage insurance offers an effective way to make mortgage credit available to more people. USMI is ready to help build the future of homeownership. Learn more at www.usmi.org.
