Genworth Launches Loan Processing University

Oct 04, 2018

Genworth Mortgage Insurance has announced the launch of Loan Processing University, a professional development program whose online courses include a self-assessment tool providing real-time feedback on performance and knowledge retention.

The program, a derivative of Genworth’s long-established Underwriting University, furthers Genworth’s commitment to making positive contributions to the mortgage industry. It is designed to help Genworth’s lending partners reach their goals to develop their staff with a comprehensive, consistent curriculum and provide quicker turn-times through efficiencies in loan processing.

Online program participants learn to review and validate documentation before a file is submitted to underwriting. They will increase their knowledge of Automated Underwriting Systems (AUS) and how to validate findings and feedback messages, as well as acquire an understanding of basic loan eligibility for Fannie Mae and Freddie Mac. Classroom attendees will work with case studies to determine next steps regarding resubmissions to AUS, borrower or originator follow ups, additional documentation needs and/or submissions to underwriting.

“Loan Processing University is the latest example of Genworth prioritizing education, innovation and professional development across its platform for the benefit of its customers,” said Matthew Young, Senior Vice President of Sales for Genworth Mortgage Insurance. “At a time when industry resources are tightening, it is imperative to ensure that professionals at all experience levels, and those both in physical and remote offices, have a free, easy way to stay informed of industry changes and continue advancing their careers.”

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Oct 04, 2018

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