The U.S. Mortgage Insurance (USMI) unit of Genworth Financial Inc. has announced enhancements to its customer-facing Web site that will reduce the data required to submit a loan and give customers a single Web portal to deliver all loans submitted to Genworth for mortgage insurance (MI) … [Read more...]
Mastermind of $2.5 Million Reverse Mortgage Fraud Scam Sentenced to 70 Months
Louis Gendason of Delray Beach, Fla. has been sentenced to 70 months in prison, five years of supervised release and ordered to pay more than $2 million in restitution for a reverse mortgage scam. Read more here: Mastermind of $2.5 Million Reverse Mortgage Fraud Scam Sentenced to 70 Months … [Read more...]
Continued HARP 2.0 Chatter; Uh-oh…Now Genworth? Basel III Rumblings
Posted To: Pipeline Press Mobile homes: personal or real property? This may shed some light on the issue. More: Continued HARP 2.0 Chatter; Uh-oh...Now Genworth? Basel III Rumblings … [Read more...]
New Partnership Makes MI Available Through LOS
Avista Solutions has announced that mortgage insurance (MI) from global financial security firm Genworth Financial is now available to its customers through a direct system integration. The two companies began cultivating a partnership when their mutual mortgage lender customers expressed a strong … [Read more...]