Homeowner Assistance

Whether in a strong market or during uncertain times, the dream of homeownership is still very much alive. And with mortgage insurance from Genworth, borrowers can take advantage of benefits that go well beyond the initial purchase of the home. Through our Homeowner Assistance (HOA) program, we help preserve the dream of homeownership for borrowers who may be struggling financially.

As part of every Genworth policy—at no additional cost to the homeowner, lender or loan servicer—Genworth's Homeowner Assistance team will work with servicers and directly with delinquent borrowers to identify alternate solutions to keep families in their homes and avoid foreclosure.

Q2 2008: Foreclosure Prevention is on the Rise In the second quarter of 2008, Genworth continued to work with lenders and loan servicers to help an additional 3,000 delinquent borrowers nationwide avoid foreclosure. This scorecard presents a representative snapshot of overall foreclosure prevention efforts across the U.S., based on Genworth's nationwide loss mitigation efforts. Find out more... Archive: Q1 08 Scorecard	Foreclosure Prevention Scorecard
Audio News Releases  (8/5/08)
National - Hear more about Genworth’s national Foreclosure Prevention efforts Texas - Hear how almost 1,000 borrowers were helped in Texas Florida - Hear about the steep rise in workouts in Florida Ohio - Hear where Ohio ranks in the top states for workouts

Education and Training

Genworth Mortgage Insurance offers pre-recorded presentations, plus free live webinars to help the novice and seasoned mortgage and real estate professionals learn more about Homeowner Assistance workout solutions for borrowers.

Recorded Presentations Keeping Families in Their Homes (Cure-Related Workouts) Homeowner Assistance Overview In tough financial times, Homeowner Assistance becomes a critical benefit of mortgage insurance. Learn how to help borrowers avoid foreclosure. Total Time: 5:46

Payment Plans Learn how borrowers can bring their loans current. Total Time: 5:45

Forbearance Plans Some borrowers may need temporary relief from scheduled payments. Learn when this tool is used. Total Time: 5:32

Loan Modifications Assisting the borrower may involve changing one or more terms of the note. Learn more. Total Time: 6:51

Borrower Assistance Learn when advancing funds on the borrower's behalf is the appropriate course of action. Total Time: 7:30

Helping Families out of Homeownership and Avoiding Foreclosure (Non-Cure Workouts) Short Sales Get the facts about selling the home to avoid foreclosure. Total Time: 8:20

Deed-in-Lieu of Foreclosure Learn what's involved with accepting a deed from the borrower to avoid foreclosure. Total Time: 7:16