Down payment assistance programs are like TV remotes. Most lenders have access to them in their state, but few know how to leverage them to their full extent. In fact, as many as 70% of all State HFA loan programs have some form of down payment assistance (DPA). Nationally, there are over 2,500 DPA programs […]
Author Archive for: Steve.Hitchings
About Steve Hitchings
Steve Hitchings, a 32-year veteran of GE/Genworth, is Housing Finance Authority (HFA) Director for Genworth Mortgage Insurance. Steve most recently served as an Account Development Manager, where for the past five years he supported Genworth’s market-leading HFA segment. In his current role, Hitchings will work directly with Genworth’s sales team to continue delivering on the company’s already strong HFA value proposition and support the company’s growth initiatives. This includes aligning HFA, customer and investor needs to create differentiated and unique borrower solutions, helping more people achieve the dream of homeownership. In addition, Steve will be heading up Genworth’s long-standing HFA Advisory Board, which works to ensure the company is attuned to the unique needs of the segment, illustrate the company’s commitment to the HFA space and deep integration with each of its state-level partners. Hitchings holds a Bachelor of Arts in Economics from the University of North Carolina at Chapel Hill and currently resides in Raleigh, North Carolina with his wife.
Entries by Steve Hitchings
Housing Finance Agencies across the country help open doors to affordable housing. With low interest rate mortgages, down payment and closing cost assistance programs, and reduced cost mortgage insurance coverage, HFA loans make sustainable homeownership more realistic for more people. Genworth’s Partnership with HFAs Genworth Mortgage Insurance leads the industry in providing private mortgage insurance […]