Tag Archives: USMI

“We are thrilled to have Christina join our team and share her deep knowledge of the mortgage industry, the housing finance system, and the regulatory process to support our members as they enable access to affordable homeownership, while strengthening the safety and soundness of the housing finance system,” said Seth Appleton, President of USMI.

Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. ...

Experts testifying before the Senate Banking Committee during a hearing on Sen. Mike Crapo’s housing reform outline agreed on creating a clear role for private capital and government guarantees in housing finance. Here's why.

Government and housing industry leaders addressed the potential impact of a Housing Finance Reform Bill that was introduced in September. Here's what they had to say to the House Financial Services Committee.

As Chairman of USMI, Bradley Shuster plans to continue to champion the role of private insurance in facilitating low down payment lending and protecting taxpayers against mortgage risk.

A recent report looked at some of the key challenges faced by borrowers and the role of private mortgage insurance in helping them. Here’s what it found.

With the tax deduction for mortgage insurance premiums paid on qualified residential interest about to expire on December 31, 2016, U.S. Mortgage Insurance President Lindsey Johnson asked lawmakers to consider an extension.

President and CEO of Genworth Mortgage Insurance and Chair of U.S. Mortgage Insurers Rohit Gupta testified on behalf of the Mortgage Insurance Industry (MI) at the House Financial Services Committee Housing and Insurance Subcommittee today stressing the need for balance between the roles of the Federal Housing Administration and MI when to comes to taxpayers.

As the Federal Housing Finance Agency (FHFA) mulls over a proposed increase in guarantee fees, a new report from the Urban Institute (UI) suggests the agency faces a more difficult task than one might assume. In a commentary released Thursday, UI authors Laurie Goodman, Ellie Seidman, Jim Parrott, and Jun Zhu say that, based on their modeling, g-fee determination "is an art, not a science—and more like a Jackson Pollock than a da Vinci."

Six of the nation’s leading active mortgage insurance (MI) companies announced Monday the formation of a new trade association: U.S. Mortgage Insurers (USMI). Founded by member companies Arch MI, Essent, Genworth MI, MGIC, National MI, and Radian Guaranty, the new organization replaces Mortgage Insurance Companies of America (MICA), which wound up operations earlier this year.