Genworth Offers Mortgage Fraud Screening

Genworth Financial Inc., Richmond, Va., has announced the introduction of SecureFirst, a service that automatically analyzes mortgage loan applications and alerts lenders to the possibility of fraud.The service analyzes loans submitted through Genworth's AU Central automated underwriting platform to determine whether a loan needs further review, the company said. Reports are custom-tailored to specifications set by participating lenders and investors. "SecureFirst will protect our lender customers by alerting them to a potential problem when the loan is locked for underwriting," said Kevin Schneider, president of Genworth's U.S. mortgage insurance business. Genworth said it is the first mortgage insurance provider to offer fraud protection screening. The company can be found online at http://www.genworth.com.