Genworth news

  • Alberta man jailed for multi-million mortgage scam

    An Alberta man was sentenced to three years in prison for a $3.9-million rural mortgage scam that included 32 separate fraud charges over two years.

  • 2010 CMP Award Winners

    The 4th Annual CMP Awards gala was a huge success, attracting approximately 500 guests - the largest attendance so far. Here is the complete list of winners for 2010

  • GUIDE TO INSURANCE: Keeping the wheels turning

    After a tumultuous year, the mortgage loan insurance industry in Canada has stood its ground. CMP looks back on the lessons learned in the financial crisis, and what criteria changes and tightened guidelines have meant for the industry

  • CMAs 2010: Nominees for Best Individual Newcomer

    With our popular vote awards categories announced, we want to tell you about the finalists in the remaining awards slots. Below, check out the nominees for the Genworth Financial Canada award for Best Individual Newcomer.

  • UPDATED: CMAs 2010: Best Community Service Effort nominees

    The 2010 CMP Canadian Mortgage Awards are a week away -- here is the updated finalist list for the Home Loans Canada award for Best Community Service Effort

  • Genworth already using potential new mortgage rule

    The federal government is considering a new mortgage rule where clients who take out variable rate mortgages must be qualified based on a higher interest rate, according to the Globe and Mail - a practice Genworth Financial already has in place.

  • Canadians willing to cut vacations, work second jobs to stay in homes: Genworth

    Close to 70 per cent of renters in Canada said they would be willing to delay major purchases and more than half would give up vacations to own their own home, according to Genworth Financial Canada's most recent First-Time Homebuyer's Monitor.

  • Saskatchewan: more than just wheat

    What's it like to be a mortgage broker in Saskatchewan? Erin Letson checks out the post-boom housing market, upcoming regulations and the overall state of the industry in this oft-overlooked prairie province

  • Genworth MI Canada announces IPO plan

    Genworth MI Canada announced Tuesday it will sell 44.7 million common shares at $19 each as part of an initial public offering to raise money for its parent company, Genworth Financial.

  • Avoiding the B word

    With reports of mortgage arrears skyrocketing across Canada and bankruptcies following close behind, things seem to be getting worse. But for mortgage professionals who can help their clients, a new opportunity exists for building long-term relationships