Genworth U.S. Mortgage Insurance Introduces Mobile Version of Rate Express to
Help On-the-Go Lenders Close Loans Faster
Productivity App for Loan Originators and Processors Using Smart Phones,
RICHMOND, Va., Aug. 27, 2013
RICHMOND, Va., Aug. 27, 2013 /PRNewswire/ --Genworth U.S. Mortgage Insurance
(USMI), a unit of Genworth Financial, Inc. (NYSE: GNW), today introduced a
mobile version of Rate Express(SM), its mortgage insurance rates and
comparisons tool. The free Rate Express mobile application (app) lets loan
officers and processors quickly compare Genworth mortgage insurance rates or
obtain a rate quote using their smartphone or tablet computer, so lenders can
close loans faster.
Using Rate Express, customers can get a "Quick Quote" of a Genworth mortgage
insurance premium rate on their mobile device by completing three simple
information fields – loan amount, loan-to-value ratio, and credit score. The
Rate Express mobile application also allows customers to:
oCompare Genworth and FHA insurance rates;
oEmail results of queries or save them for future reference;
oCompare other MI products; and
oContact their local Genworth representative or regional underwriter.
The Rate Express mobile app is available now for download in the Google® Play
marketplace for Android devices, and in the iTunes store for Apple® iPhones
and iPads. There also is a version of Rate Express for Blackberry® and
Windows® devices. Search for Genworth Mortgage Insurance to find the Rate
Express app. A brief video describing the features and benefits of Rate
Express also is available on Genworth Financial's YouTube site.
A mobile application is software specifically designed to run on smartphones,
tablet computers and other mobile devices. The Rate Express app offers lending
professionals more functionality and features than any competing mobile MI
rate tool, including the ability to save loan scenarios. Genworth USMI also
ensured that the design of both the desktop and mobile versions of Rate
Express have a similar look and feel, so users enjoy a seamless experience
however they access the tool. For example, Rate Express offers customers the
ability to use stored scenario IDs generated in the mobile app to easily
access that information on the desktop.
"We designed the Rate Express mobile application based on extensive feedback
from customers about the features that would help them be most productive in
today's fast-paced, competitive mortgage marketplace," said Erika Stinson,
Genworth USMI digital channel product manager. "Loan originators and
processors can customize their user profile within the app so that it presents
information in the way that works best for them."
The Rate Express mobile app is another component of Genworth USMI's Simplify
MI(SM) effort dedicated to saving lenders time and boosting their business.
About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance
holding company dedicated to helping people secure their financial lives,
families and futures. Genworth has leadership positions in offerings that
assist consumers in protecting themselves, investing for the future and
planning for retirement -- including life insurance, long term care insurance,
financial protection coverages, and independent advisor-based wealth
management -- and mortgage insurance that helps consumers achieve home
ownership while assisting lenders in managing their risk and capital.
Genworth operates through three divisions: U.S. Life Insurance, which includes
life insurance, long term care insurance and fixed annuities; Global Mortgage
Insurance, containing U.S. Mortgage Insurance and International Mortgage
Insurance segments; and the Corporate and Other division, which includes the
International Protection and Runoff segments. The Corporate & Other division
also includes the wealth management business presented as discontinued
operations. Products and services are offered through financial
intermediaries, advisors, independent distributors and sales specialists.
Genworth, headquartered in Richmond, Virginia, traces its roots back to 1871
and became a public company in 2004. For more information, visit genworth.com.
From time to time, Genworth releases important information via postings on its
corporate website. Accordingly, investors and other interested parties are
encouraged to enroll to receive automatic email alerts and Really Simple
Syndication (RSS) feeds regarding new postings. Enrollment information is
found under the "Investors" section of genworth.com.
Video with caption: "Genworth USMI Rate Express mobile app helps on-the-go
loan pros close loans faster." Video available at:
SOURCE Genworth Financial, Inc.
Contact: Media - Alfred King (Genworth U.S. Mortgage Insurance),
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