Items Tagged with 'Genworth Mortgage Insurance'

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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  • Genworth cuts its mortgage insurance rates

    Markets compete: FHA vs. PMI
    Genworth Mortgage Insurance announced Wednesday it is reducing its national monthly and single premium borrower-paid mortgage insurance rates. Here are the details on the new rates, and what it means for the mortgage insurance market.
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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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  • Genworth promotes Steve Hitchings to HFA director

    Hitchings previously served as account development manager
    Genworth Mortgage Insurance has promoted Steve Hitchings, a 32-year veteran of the company, to serve as its Housing Finance Authority director. He most recently served as an account development manager, where for the past five years he has supported Genworth’s HFA segment.
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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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  • Sponsored By
    Genworth Mortgage Insurance Corp.

    Getting first-pass approval with best-in-class underwriting

    What can you do to get first pass approval?
    Your borrower found the perfect home. You’ve collected and prepared their paperwork. Now it’s time to secure that mortgage! You and the borrower both want a smooth process, so what can you do to ensure a quick and easy submission for underwriting, and one that is more likely to achieve a first-pass approval on your first try? Read on to find out more.
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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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  • 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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