RICHMOND, Va., Jan. 16, 2018 /PRNewswire/ -- Genworth
Mortgage Insurance ("Genworth"), an operating segment of Genworth
Financial, Inc. (NYSE: GNW), today announced the appointment of
Steve Hitchings to HFA Director.
Steve is a 32-year veteran of GE/Genworth Mortgage Insurance, most
recently serving as an Account Development Manager, where for the
past five years he has supported Genworth's market-leading Housing
Finance Authority (HFA) segment.
In his new role, Hitchings will work directly with Genworth's
sales team to continue delivering on the company's already strong
HFA value proposition and support the company's growth initiatives.
This includes aligning HFA, customer and investor needs to create
differentiated and unique borrower solutions, helping more people
achieve the dream of homeownership.
"Over the years Steve has brought an unparalleled mix of
experience and expertise to our HFA segment, and we're thrilled to
have him assume control as we continue growing the platform," said
John Clifford, Senior Vice President
of Commercial Operations, Genworth Mortgage Insurance. "His deep
HFA and business acumen, stellar sales collaboration, exceptional
customer focus and robust problem-solving skills make him uniquely
qualified to deliver the value and service that our customers have
come to expect from us."
Since it first began insuring HFA loans nearly forty years ago,
Genworth Mortgage Insurance has paid claims on more than 6,000 HFA
loans, and in the last two decades alone has insured over 80,000
HFA loans. Genworth's long-standing HFA Advisory Board, which works
to ensure the company is attuned to the unique needs of the
segment, illustrates the company's commitment to the HFA space and
deep integration with each of its state-level partners. The company
also has an array of dedicated HFA experts, including underwriters,
risk managers, and industry trainers and consultants.
"We have a long, mutually beneficial history with Genworth,"
said Tim Hsu, CalHFA's Director of
Single Family Lending. "What's made that history work is
Genworth's dedication to personal relationships with their clients,
and Steve is a great fit to fill the role of HFA Segment
Leader. We're all looking forward to working with him to
continue our great history."
Hitchings holds a Bachelor of Arts in Economics from the
University of North Carolina at Chapel
Hill and currently resides in Raleigh, North Carolina with his wife.
About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance
holding company committed to helping families achieve the dream of
homeownership and address the financial challenges of aging through
its leadership positions in mortgage insurance and long term care
insurance. Headquartered in Richmond,
Virginia, Genworth 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. From time to time, Genworth's publicly
traded subsidiaries, Genworth MI Canada Inc. and Genworth Mortgage
Insurance Australia Limited, separately release financial and other
information about their operations. This information can be found
at http://genworth.ca and http://www.genworth.com.au.
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SOURCE Genworth Financial, Inc.