loanDepot officially files for IPO

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House
People Movers / Servicing

Genworth Financial names Michael Derstine chief risk officer

/ Print / Reprints /
| Share More
/ Text Size+

Genworth Financial, Inc. (GNW) today announced that () joined the company () as Chief Risk Officer for its Genworth U.S. Mortgage Insurance unit.

Derstine previously worked at Republic Mortgage Insurance Company, where he held several leadership roles, most recently as capital deployment group manager.

In this position, he led the underwriting risk policy, portfolio risk monitoring and pricing groups, and developed risk assessment and performance monitoring strategy focused on early detection and intervention of underwriting and performance deficiencies, and developed models to assess future default risk.

Derstine previously served as pricing group manager at RMIC, where he led the mortgage valuation, actuarial analysis and quantitative modeling teams. He has been a frequent presenter before regulators and at industry conferences.



Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus