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Items Tagged with 'Genworth Financial'

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Genworth: G-fee increases to hurt mortgage lending

53% say increases will result in fewer loans
The Federal Housing Finance Agency announced in June that it was seeking industry opinion on Fannie Mae and Freddie Mac guarantee fees, and while the results of this have not been revealed, a new survey of mortgage bankers gives a preview into what lenders expect to happen with increases.
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Genworth Financial adds two to its leadership team

Strengthens its U.S. Mortgage Insurance unit
Paul Gomez and George Reichert joined the senior leadership team at Genworth Financial’s U.S. Mortgage Insurance unit after being named chief operations officer and chief information officer, respectively.
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Genworth introduces Rate Express app

Compares and receives mortgage insurance rates
"We designed the Rate Express mobile application based on extensive feedback from customers about the features that would help them be most productive," said Erika Stinson, Genworth U.S. Mortgage Insurance digital channel product manager.
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Balancing Act

Mortgage insurers could face new barriers

What's the cost of stronger underwriting?
Mortgage insurers face ongoing challenges as the market attempts to shift to private capital. At the same time, regulators are calling for stronger underwriting standards at private MIs, but the sudden push could stall the return of private capital.
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