Genworth news

  • Broker: Expect tighter underwriting in 2014

    One leading industry player foresees tightened mortgage lending regulations in 2014, which may affect the broker industry more than its banker rivals.

  • Leadership event for female brokers

    One industry player has organized an event to help inspire and motivate tomorrow’s female leaders with her second BC Women in Mortgages Leadership Event, set to take place on February 3.

  • Broker fears CMHC downsize

    While brokers doubt the ability of Canada’s independent mortgage insurers to pick up the slack if the government downsizes CMHC’s mandate, they’re much more certain about the kind of effect that move would have on their business.

  • Independent insurers to take advantage of CMHC's risk fee?

    CMHC increased its risk fee to 3.25 per cent last week and one broker believes Canada’s independent insurers – and the brokers who deal with them – are poised to take advantage.

  • CMHC to Brokers: Don't worry about 'risk fees'

    CMHC has now moved to reassure broker networks that new and controversial "risk fees" pose no threat to mortgage funding -- that despite growing fears.

  • Call by rivals for CMHC to hike premiums: To what effect?

    Globe & Mail sources report that Genworth and Canada Guaranty are encouraging the Canadian government to raise CMHC premiums. What effect will this have on clients and the brokering industry as a whole? Not much, says one player.

  • Insurer teams up with Habitat for Humanity

    It’s a match made in housing heaven, as a leading mortgage insurer and Habitat for Humanity team up to raise money for communities across Canada.

  • Mortgage Architects find a way to make conferences fun

    Company conferences can be long and drab, but when done right – as was the case at this summer’s Mortgage Architects national conference – they can provide a fun and engaging platform for employees to mingle and learn.

  • Independent lender approved for CMHC mortgages

    Another independent lender, CMLS Financial, has been approved to offer residential CMHC-backed mortgages in Canada, according to a press release from the company.

  • Female broker-only golf tournament sells out

    Meadowbrook Golf and country club will play host to the sixth-annual Ontario Women’s Mortgage Industry Golf tournament on September 16 and the event is already sold out.