Genworth Expands Sales Team

Genworth Mortgage Insurance announced it has realigned and expanded its sales team to help mortgage originators grow their business and provide better customer service.

According to a release, the new team structure will drive strong cross-collaboration to support the evolving needs of customers looking to prosper in the expanding home purchase market.

"Genworth MI offers very competitive pricing and the industry's broadest underwriting guidelines. But with the complexity of today's loan origination and servicing environment, customers want a partner that also can simplify their processes and help them grow their business. With these changes, our sales force will continue to meet our customers' high service expectations," said Matt Young, Genworth MI senior vice president for sales.

Young added that Genworth MI expanded its sales team by 10 percent in 2013, and expects additional expansion this year. He said Genworth MI is committed to pursuing prudent growth in 2014, while continuing to help lenders offer affordable low down payment financing to support the home purchase market. "Genworth MI is dedicated to saving lenders time, boosting their business, and providing a great customer experience. This new structure will help us continue to build the long-term relationships that are the foundation of our success," Young said.

The new sales team structure divides the country into five regions (versus the previous three) with a regional vice president overseeing experienced teams that will serve the needs of lenders of all sizes and business strategies in each area. Regional vice presidents include:

-West: Erin Kirkeeng

-South Central: Chad Gomoll

-North Central: Maureen Doherty

-Northeast: Michael Haboush

-Southeast: Robert Szarek

Genworth MI last year introduced lower rates and expanded guidelines to ensure its offerings are the most competitive for nearly all borrowers and loan scenarios. For example, a loan officer in Tacoma, WA discovered that using Genworth MI would save her borrower $86 a month compared to another MI company. Loan originators can quickly find Genworth's rates by using Rate ExpressSM, the most comprehensive and easiest-to-use rates and comparisons tool in the industry.

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