Entries by Genworth Mortgage Insurance

The Automated Appraisal: Tips for a Changing Appraisal Environment

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare. I keep hearing […]

Make Your Mortgage Tech Stack Work for You

We often hear from loan officers that they feel that their mortgage tech stack is forced upon them and there’s not much follow-up with how to use it effectively. It’s frustrating for everyone, particularly the individual contributors who don’t understand how the technologies can be used to make them more productive. We’re here to put […]

How Mortgage Underwriting Can Keep Up with an Evolving Digital Mortgage Process

  The mortgage industry – and mortgage underwriting, in particular – seems to have been playing catch up with many other industries in terms of technology. It’s still such a paper-intensive process. The great news is, there are steps you can take – both technologically and not – to improve your mortgage underwriting process to […]

Troubleshooting Tips for the MI Decision – Delegated and Non-Delegated

Depending on your business, your underwriting team may choose to underwrite the MI in-house (delegated) or send the file to Genworth (non-delegated). No matter how your business underwrites, it’s always important to have a complete loan file. In most cases, you can expect smooth sailing with the MI underwriting process. However, there are cases where […]

Solving Tight Inventory Problems for Your Borrower and You with Renovation Loans

lIf there’s one consistent problem we’ve had over the last year, it’s that we have incredibly tight inventory. There’s an influx of buyers into the market thanks to low interest rates, but not enough houses to go around. Tight inventory not only limits potential homebuyers during their housing search….it also limits you. With potential borrowers […]

How to Leverage Portfolio Loans for Local Lending

June is National Homeownership Month, a time to celebrate the benefits that homeownership brings to families, neighborhoods, and communities across America. It’s also a great time to think about how you can leverage different lending tools like portfolio loans to help more families get into homes. Think about local lending for mortgages in the same […]

Self-Employed Borrowers Everywhere: Adapting to an Evolving Employment Market

Oftentimes, we think of self-employed individuals as having pretty good lives. Working for themselves, setting their own work schedule, and having a better work-life balance are among some of the benefits we think of when we hear “self-employed.” But when it comes to applying for a mortgage, self-employed borrowers can be tricky to deal with. […]