MBA releases Q2 commercial/multifamily data book

Genworth Mortgage Insurance to offer counseling discounts to homebuyersMortgagePress.comDiscounted mortgage insurance Homebuyers completing approved pre-purchase counseling programs will receive discounts on mortgage insurance, under a new program announced by Genworth Mortgage Insurance Corporation. The Genworth Counseling Saver program will reduce standard mortgage insurance rates for A and A-minus loans, by 10 basis points, regardless of loan-to-value ratios or buyers' FICO scores. To be eligible, buyers must complete eight hours of pre-purchase face-to-face or classroom homebuyer education administered by a non-profit, non-lending institution. Genworth Mortgage Insurance Corporation is a division of Richmond, Va.-based insurance holding company Genworth Financial Inc. For more information, call (800) 444-5664 or visit www.gemortgageinsurance.com.