Genworth Financial is a leading financial security company serving the lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers across 25 countries.
It employs 6,000 people worldwide, boasting a diverse and talented team of professionals.
At Genworth, we are committed to partnering with lenders and financial institutions to find new and better ways to do business in the markets in which we operate. This unique approach extends beyond our own walls and into our local and global communities through volunteerism, charitable giving and events.
Genworth Financial in India is registered as Genworth Financial Mortgage Guaranty India Private Limited, and is headquartered out of Gurgaon. It is currently awaiting final Mortgage Guaranty Guidelines from the Reserve Bank of India to be able to commence business.
Mortgage Guaranty
Genworth India’s Mortgage Guaranty product enables lenders to provide the end borrower with earlier and potentially more affordable access to home ownership by allowing them to put down a lower down payment. It provides lenders and investors first loss protection in the event that a mortgage borrower defaults on a loan and the proceeds of the sale of the property are insufficient to pay the outstanding debt.
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