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Genworth Financial's U.S. private mortgage insurance business had an almost 50% increase in adjusted operating income, benefiting from lower-than-expected claim rates.
August 2
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Genworth Financial for the second time has withdrawn and refiled its application with the federal government to approve its acquisition by China Oceanwide Holdings Group.
July 14
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The number of first-time single-family homebuyers has hit a peak not seen since 2005 and is expected to spur the origination of more mortgages with higher loan-to-value ratios.
June 8
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The lack of knowledge around the home purchase process was cited by 39% of mortgage executives as the leading barrier keeping potential first-time buyers from entering the market.
May 18
