Items Tagged with 'Genworth'


  • Genworth launches Home Suite Home

    Program helps borrowers navigate the unexpected costs of homeownership
    Genworth Mortgage Insurance, recently announced the launch of new home suite designed to preserve borrowers’ financial stability when facing unexpected homeownership costs. Genworth Senior Vice President of Customer Solutions Kevin McMahon said it is critical to not only help borrowers become homeowners, but to help them stay in their homes.
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  • From HW Magazine

    Genworth’s new website was built with customer feedback

    The MI Site features a visual pipeline system that allows users to track the status of each MI application
    By maintaining dedicated, personal relationships with mortgage lenders, Genworth Mortgage Insurance continually identifies new opportunities to serve housing finance professionals through technology and innovation. One of its recent opportunities was also one of its most significant: launching a premier website designed after extensive user experience (UX) research.
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  • 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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  • Mortgage insurance companies push back against 50% DTI

    Increase credit score requirements
    Last year, the GSEs announced they were increasing their debt-to-income ratio to 50%, a move that mortgage insurance companies are starting to fight back against. "We are concerned with the recent increase of loans that have debt-to-income ratios exceeding 45%, particularly when combined with weaker credit profiles," one MI company explained.
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  • Sponsored By
    Genworth Mortgage Insurance Corp.

    Why your customers should build your website

    How Genworth Mortgage Insurance engaged customers in their website makeover
    You know it's crucial to align your site's functionality to your business needs. So, you identify internal stakeholders and frame out the site to align to business requirements. But what about your customers? Why and how should they be involved in the process? And what should you do with their input?
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  • Genworth: 3% down mortgages key to lock in first-time homebuyers in 2018

    Where will credit expand in 2018?
    With overall mortgage originations projected to decrease in 2018, mortgage lenders are looking to first-time homebuyers to make up a large portion of their business. According to a new survey from Genworth Mortgage Insurance, the majority of lenders anticipate strong first-time homebuyer growth in 2018. So what type of mortgage products will they choose?
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  • [Charts] Genworth: A historical look at the state of the first-time homebuyer market

    A look back 24 years
    Over the past 24 years, a lot has changed in the first-time homebuyer market, coming in as one of the largest home-buying cohorts and even one of the smallest. Using the historical data from Genworth’s inaugural First-Time Homebuyer Market Report, HousingWire created the following charts to show how the current group of first-time homebuyers compares to the past.
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