As we approach the holidays and 2025, USMI has been busy working to promote access to affordable and sustainable low down payment mortgages for homebuyers across the country.
USMI President Seth Appleton 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.
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 nomination of Scott Turner to lead the Department of Housing and Urban Development (HUD).
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
U.S. Mortgage Insurers (USMI) today released its 2024 National Homeownership Market Survey that finds nearly 8 in 10 Americans (78%) believe owning a home is very important (which is 6% higher than USMI’s 2021 National Homeownership Market Survey).
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.
Policy Priorities
