Genworth Mortgage Insurance, a subsidiary of Genworth Financial, Inc, has announced a new strategic partnership with Roostify, in efforts to accelerate the home buying process and encourage adoption of its mortgage insurance products.
Roostify’s web and mobile platform gives Genworth’s consumers the ability to submit a complete mortgage application in under 20 minutes, allowing loan officers to spend more time closing loans rather than searching for personal documents.Additionally, loan officers, real estate agents, underwriters, and customers are now able to interact in a single digital space, making for a better home buying experience, according to the companies.
“The mortgage origination space is really just starting to benefit from technology advancements and Genworth is laser-focused on staying ahead of the technological curve,” said Kevin McMahon, SVP of strategy & business intelligence at Genworth, in a statement. “Being the first mortgage insurance provider to integrate with a partner like Roostify greatly enhances Genworth’s existing offerings. We’re focused on helping our customers grow their business and drive origination process efficiencies. A platform of this scale is particularly timely and valuable given demand for new homes is steadily increasing.”
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