0 minute readGenworth Financial expects its US mortgage insurance business to return to profitability over the next several quarters, chairman and chef executive officer Michael Fraizer told stockholders at their annual meeting today. Later, he said Genworth expects the mortgage insurance operation to be consistently profitable by the middle of 2011. He said results continue to improve, though housing markets still haven’t fully recovered.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
