U.S. Mortgage Insurers (USMI)
U.S. Mortgage Insurers (USMI)SupportAdvocacy
Summary: U.S. Mortgage Insurers (USMI), representing private mortgage insurance companies, supports the agencies' efforts to modernize bank capital rules. They argue that the final rules should explicitly recognize private mortgage insurance (MI) in the calculation of a mortgage's exposure-based loan-to-value (LTV) ratio to better align capital requirements with actual risk.
See attached for U.S. Mortgage Insurers' (USMI) comment letter.