Items Tagged with 'Genworth Financial'

ARTICLES

  • China Oceanwide’s $2.7 billion acquisition of Genworth Financial clears one big hurdle

    Receives approval from Treasury Department’s Committee on Foreign Investment
    China Oceanwide Holdings Group’s $2.7 billion acquisition of Genworth Financial, one of the U.S.’s largest mortgage insurers, is now one step closer to fruition, as a governmental inter-agency committee that oversees foreign investment in the U.S. has cleared the deal.
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  • China Oceanwide’s $2.7 billion acquisition of Genworth Financial still on hold

    Deal still pending after 18 months
    It’s been 18 months since China Oceanwide Holdings Group, one of China’s largest companies, announced that it planned to buy Genworth Financial, one of the U.S.’s largest mortgage insurers, for $2.7 billion, but the deal still isn’t done yet. The deal was initially expected to close in the middle of last year, and now, the closing is delayed again.
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  • First-time homebuyers suddenly flood housing market

    Demand reaches highest level since 2000
    First time homebuyer demand surged to its highest level in 17 years during the third quarter of 2017. And for the first time since 2011, repeat homebuyer demand declined. The First-Time Homebuyer Market Report from Genworth Mortgage Insurance explains why first-time homebuyer demand continues to surge, even as other homebuyers wane.
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  • From HW Magazine

    2017 Women of Influence: Charlotte Tyson

    Director of Customer Consulting at Genworth Mortgage Insurance
    As the director of customer consulting for Genworth Mortgage Insurance, Charlotte Tyson tours the country identifying and offering solutions to what she believes is a continual problem: not enough attention is paid to the process work before overlaying new technology into platforms. As she puts it, “the product/loan itself is a commodity, but the operational performance is the differentiator, and technology plays a huge role in that.” 
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  • Court troubles delay China Oceanwide purchase of Genworth Financial

    China Oceanwide purchase yet to close
    Genworth Financial can’t shut the door on being purchased by one of China’s largest companies just yet, as it faces two possible class action lawsuit from disgruntled shareholders and customers. At the time of the announcement, Genworth noted that the transaction is subject to approval by its stockholders as well as other closing conditions.
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  • Survey says! The biggest threats to housing: compliance burdens, access to credit

    3% down products a start, but industry still needs work
    The industry is making progress when it comes to access to credit and compliance, but the same headwinds that burdened the industry over the past year aren’t easing anytime soon, at least that’s what people inside the industry believe. Genworth Mortgage Insurance released the latest results on a survey of mortgage professionals at the 2016 Mortgage Bankers Association Annual Convention and Expo that gauge the state of the industry.
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  • China Oceanwide buying Genworth Financial for $2.7 billion

    Company plans to "strengthen" mortgage insurance business
    Private mortgage insurance is booming right now, and one of China’s largest companies wants in. China Oceanwide Holdings Group announced Monday that it plans to buy Genworth Financial, one of the U.S.’s largest mortgage insurers, for $2.7 billion. Here's more on the deal and why the companies feel it's a win for both parties.
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  • Home sales are rising, so why isn't inventory going up?

    First-time homebuyers play a key role
    Two facts stand out in today’s housing market: rising home sales and flat/falling inventory. But if people are buying more homes, why aren’t there more homes for sale? Genworth Mortgage Insurance's chief economist explains what exactly is going on and what it means for first-time homebuyers.
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  • Genworth: The rise of the first-time homebuyer

    From the eyes of the industry
    Looking through the eyes of those in the heart of the industry, the majority of mortgage professionals expect the first-time homebuyer market share to only get better. New facts coming from a study conducted by Genworth Mortgage Insurance at the 2016 Mortgage Bankers Association Secondary Conference in New York City reveal what the industry expects for the future of housing.
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  • From HW Magazine

    Genworth helps manage mortgage risk for customers

    Uses big data and cloud computing for deeper insights
    By raising the bar on technology and advancing in-house underwriting capabilities, the company has strengthened its underwriting service levels. Underwriting decisions are now faster and more accurate because they are based on validated data stemming from advancements in corresponding risk management technologies.
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