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Strong housing market good news for mortgage insurer

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Australian Broker | 31 Jul 2014, 04:29 AM Agree 0
A leading mortgage insurer has thanked the strength of the housing market over the last 12 months for their strong half yearly result to June 2014.
  • Incognito | 31 Jul 2014, 12:26 PM Agree 0
    "Genworth would also like to thank the ACCC for keeping silent around this cosy duopoly.

    A spotlight on our little rent would make this (whopping) 41% increase all the more difficult so we thank the commission and the media."
  • Old Broker | 01 Aug 2014, 11:31 AM Agree 0
    What a great business , charge ridiculous premiums, collect the premium and build nice offices and juicy salaries. I always said the float of this business was a winner. Shooting fish in a bucket if you ask me. Hooray for Genworth....
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