Genworth M.I. Cuts Premiums
On Friday, the
Among the changes is the elimination of an adjuster on transactions with loan amounts of more than
In addition, the adjuster has been removed on rate-term refinance transactions.
The updated pricing was described Friday in Announcement 2017-1.
"It has always been our mission to provide our customers with rates that are competitive," the notice stated.
Subject to state approval, the new rates apply to M.I. applications received on or after
The announcement indicated that the new LPMI singles rates will be accessible on Optimal Blue's your Loan Origination System integration, and Rate Express.
"We understand that you may have unique pipeline clearance needs,"
The new rate card is online at www.genworth.com.
___
(c)2017 Mortgage Daily
Visit Mortgage Daily at www.mortgagedaily.com
Distributed by Tribune Content Agency, LLC.
Onebeacon Insurance Group, Ltd. Files SEC Form 3, Initial Statement of Beneficial Ownership of Securities (Mar. 24, 2017)
PCMA: FAST Generics Act to Increase Competition, Reduce Rx Costs
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News