Genworth launches Home Grown: Edition 2 – November 2011
24 November 2011 - Genworth
Genworth has today launched the findings of its annual Home Grown: Mortgage Industry Perspectives report revealing the findings of one of the most comprehensive industry surveys undertaken in the Australian mortgage market.
Based on an online survey conducted in August and September 2011 of 200 lender representatives and 300 brokers as well as face to face interviews with several leading industry figures, Home Grown captures the industry’s view of lending volumes, changes within the market, borrower hardship and the outlook for lending.
‘A profile of Ellie Comerford’
05 October 2011 - The Sydney Morning Herald
This insurance boss believes Australian home buyers are in ''a pretty good spot''.
Despite the gloom and doom in the US and Europe, plus ongoing housing affordability issues in Australia, Ellie Comerford believes the local residential property market is looking fairly healthy.
Genworth launches Streets Ahead: Edition 3 – September 2011
21 September 2011 - Genworth
While the Genworth HCI shows homebuyer confidence across the nation was down 2% from March 2011, sentiment was buoyed by a return to confidence in Queensland. Despite the drop, the Index is still 3% higher than levels recorded in 2008 during the global financial crisis.
Genworth CEO Ellie Comerford said: “The results show the drop in borrower confidence is mainly due to an increase in the number of borrowers experiencing mortgage stress - up from 21% in March this year to 25% in this survey.”
Genworth welcomes Federal Government moves for more homebuyer education about home loans with lenders mortgage insurance
21 August 2011 - Genworth
Genworth, Australia’s leading mortgage insurer, today welcomed the Federal Government’s announcement on its bank competition reform package relating to a mandatory mortgage fact sheet about Lenders Mortgage Insurance for homebuyers.
Genworth supports the move, which will help home buyers compare “apples with apples” and get the right deal for them plus help consumers better understand the costs and benefits of Lenders Mortgage Insurance when taking out a home loan..
Articulating lenders’ mortgage insurance in The Adviser magazine
22 June 2011 - The Adviser
With affordability an increasing concern in the current market, a growing number of borrowers are finding that the traditional 20 per cent deposit is well beyond their reach.
For many, this will mean missing out on home ownership for many years while they struggle to save for a deposit. However, with a clearer understanding of the benefits, costs and opportunities associated with lenders’ mortgage insurance (LMI), it could be a very different story.
Genworth launches International Mortgage Trends Report
03 June 2011 - Genworth
Genworth Financial (Genworth) has today released the inaugural Genworth International Mortgage Trends Report detailing the results of a survey of borrower sentiment and mortgage market trends in eight countries across four continents.
The report is based on a survey of more than nine thousand current and aspiring homebuyers from Australia, Canada, India, Ireland, Italy, Mexico, the UK and the US, comparing borrower attitudes in those countries towards the economy, their personal finances, and the mortgage market.