December 9, 2014
United Guaranty Supports Affordable Housing Program Proposed by GSEs
United Guaranty supports an initiative proposed by FHFA and the GSEs to help more Americans who qualify achieve the goal of purchasing a home.
Mortgage insurance has enabled millions of families and individuals to purchase a home without waiting years to save the 20 percent down payment that would be required by most lenders. In support of FHFA's affordable housing initiative, United Guaranty is developing MI guidelines for qualified borrowers that will help moderate-income families and individuals purchase homes they can afford. The MI guidelines will be consistent with our company's deep commitment to ensuring the mortgages we protect on behalf of lenders are well suited to the borrowers' financial situations.
United Guaranty plans to announce MI guidelines for its affordable housing program in early January 2015.
Contact your Sales Account Executive for information.