Genworth in the News

Latest News Coverage

10/04/2013 | PR Web (press release) | PDF

TIA Technology Congratulates Genworth Financial on Being Named a 'Model ...

The Lifestyle Protection Insurance (LPI) division of Genworth Financial was recognized in the Claims category for providing a dramatically improved customer experience by simplifying a protracted, complex and paper-centric process. LPI initiated the ... View article...
28/03/2013 | Financial Adviser

Genworth calls for higher LTV options from lenders

Genworth's Global Index, which polled 13,000 people to study consumer sentiment, revealed that 21 per cent of households in Great Britain were classed as financially vulnerable, while just 8 per cent deemed... View article...
01/10/2012 | Market Research World

Threat To Retail Jobs, Says Joint Study By Genworth And BRC

...mortgage lending to first time buyers (FTBs) is having a major "hidden" impact on British retail and on jobs. one of the world's leading providers of mortgage insurance, and the British Retail Consortium (BRC), say that enabling prudent mortgage lending to FTBs will help reverse declining sales... View article...
28/09/2012 |Mortgage Strategy - Online

Lack of lending to FTBs hurting retail industry

…Constricted mortgage availability for first-time buyers is impacting on the UK retail sector and accompanying jobs. Mortgage insurance providers Genworth, together with the British Retail Consortium say that the lack of lending to first-time buyers is having a detrimental... View article...
07/09/12 | Mortgage Solutions

Government can do more to revive FTB housing market - Genworth

Genworth Financial president Angel Mas says the government must do more to help people purchase their first home. The government announced a £280m extension . ...
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20 Jul 2012 | Mortgage Solutions | Adam Williams

BoE should be allowed to cap LTVs – IMF

...Angel Mas, president of European mortgage insurance at Genworth Financial, told Mortgage Solutions that an 85% LTV cap had been introduced in Sweden, but had caused problems.. ...
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22/06/12 | Mortgage Solutions

Genworth chief slams 'archaic' UK mortgage market

...Angel Mas, president of European mortgage insurance at Genworth Financial, told Mortgage Solutions that increasing numbers of young people were unable to get a foot on the property ladder without the help of their parents. ...
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22/05/12 | Mortgage Solutions

Genworth to insure Monmouthshire FTB product risk

...Genworth to insure Monmouthshire FTB product risk Monmouthshire Building Society has appointed Genworth Financial as its new mortgage insurance ...
... View article...
06 Dec 2011 | Golf Monthly

Genworth unveils Ultimate Performing Golfer

...Ahead of the 2011 Dubai World Championship on Thursday and Luke Donald's attempt to top both money lists, Genworth has unveiled a concept golfer outlining this year's European Tour Ultimate Performing Golfer. Genworth Financial, Official Statistics ... View article...
24 Oct 2011 | Financial Times

Home loss risk rises for poorest areas

...Mortgage specialists were at pains to emphasise that not all high loan-to-value lending was problematic. Angel Mas of Genworth Financial, the mortgage insurer, said: “High loan-to-value as an isolated factor doesn’t need to be ... View article...
04 Oct 2011 | RWD | by Tego Sigel

Study Reveals Over Half Golfers On The European Tour Are Disappointed By Their ...

A fascinating new study carried out by Genworth Financial has shed light on the psychological side of professional golf with a very revealing new study. An incredible new study has revealed that over half of the professional golfers on the European ... View article...
26 Sep 2011 | Insurance Insight | by Francesca Nyman

Genworth Financial places new reinsurance treaty for European mortgage insurance...

Specialist insurer Genworth Financial has placed a new reinsurance treaty for mortgage insurance in Europe which it says will ... View article...
26 Sep 2011 | Global Reinsurance

Genworth in mortgage reinsurance 'first'...

According to Genworth, the reinsurance treaty is the first of its kind in Europe, and demonstrates that there is an appetite among reinsurers for mortgage risk ... View article...
15 Sep 2011 | FT Adviser

Genworth warning on risk of high LTV mortgages ...

Angel Mas, president of Genworth Financial's European mortgage insurance operations, said the return of the 100 per cent LTV did not offer "a real glimmer of home" to first-time buyers who do not have large deposits. His comments came after Aldermore ... View article...
10 Sep 2011 | Mortgage Introducer

100pc loans create false hope for FTBs ...

With Aldermore the most recent lender beginning to market a '100% LTV' deal, Genworth has warned that it would be wrong to assume that these mortgages are readily available to first-time buyers; in fact, the borrowers who may benefit from such deals ... View article...
9 Sep 2011 | Mortgage Finance Gazette

100% LTV mortgages signal false hope for first-time buyers ...

... the return of these products does not represent a real glimmer of hope for first-time buyers who are unable to save for a large deposit, warns Genworth... View article...

2 Sep 2011 | Mortgage Strategy | By Angel Mas, president of mortgage insurance Europe at Genworth Financial

High LTVs will not help FTBs on their own ...

Genworth has long called for a change to regulation in the UK around high LTV mortgage lending with many international regulators echoing our sentiments. ... View article...
16 May 2011 | Telegraph

Win golf tickets to the 2011 BMW PGA Championship and play in the Genworth ...

The BMW PGA Championships will see Genworth Financial launch a new exciting variation of its Putts4Charity initiative, which raised in excess of £135000 in 2010 for SOS Children's Villages to support abandoned and orphaned children. ... View article...
21 April 2011 | Mortgage Solutions | Simret Samra

MS One to One with Genworth Financial's Angel Mas

Angel Mas, president of mortgage insurance for Europe at Genworth Financial sits down with Mortgage Solutions reporter Simret Samra. The discussions range across how mortgage indemnity cover could help more first-time buyers into the market to the countries which have managed to keep the credit tap open for borrowers. ... View video...
17 March 2011 | FT Adviser | Aamina Zafar

Survey: majority of MPs want help for FTBs

The survey commissioned by Genworth Financial has found 83 per cent of MPs wanted more support for their constituents. This figure rose to 100 per cent for constituencies in London. Angel Mas, president of Mortgage Insurance Europe for Genworth ... View article...