NEWS RELEASE
September 14, 2010
ABA Media Contact: John Hall
(202) 663-5473
E-mail: jhall@aba.com

Genworth Media Contact: Worth Wilson
(919) 846-4164
E-mail: worth.wilson@genworth.com

WASHINGTON — Business Solutions, an affiliate of the American Bankers Association, has joined with Genworth Mortgage Insurance to offer free Web-based residential mortgage lending training to ABA members.

Bank employees can access a schedule of training sessions and register online to participate in a variety of training courses offered by Genworth.  This arrangement is available only to ABA member banks and their employees.

"We are very excited to offer this free, extremely valuable service to ABA members," said William Kroll, president of Business Solutions. "Genworth has long been known for the quality of their training and their trainers. Given the rapid pace of change in the residential mortgage markets, and the resulting changes in investor guidelines, our members will be able to benefit from current, specific training in topics that matter most."

Through online classes, ABA members will be able to stay up-to-date on residential mortgage lending rules "in a quick and efficient manner," said Jorge Caceres, marketing director of Genworth Financial.

"Genworth Financial understands the value in professional development of lenders and servicers," Caceres said. "These online classes are just one of the ways Genworth Financial works with partners to increase homeownership across America and ensure quality lending standards are attained."

Some of the training sessions offered include:

• Appraisal Underwriting;
  
• Calculating Income, and;
  
• Understanding the Secondary Market.

Genworth and ABA are encouraging member banks to participate in this free training and anticipate a high rate of participation. Registration is open to all current ABA members. For more information, please visit www.aba.com.

Click here for a list of training sessions.

About American Bankers Association

The American Bankers Association represents banks of all sizes and charters and is the voice for the nation's $13 trillion banking industry and its 2 million employees.  The majority of ABA's members are banks with less than $165 million in assets.  Learn more at www.aba.com. 

About Genworth Financial

Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 global financial security company. Genworth has more than $100 billion in assets and employs approximately 6,000 people with a presence in more than 25 countries. Its products and services help meet the investment, protection, retirement and lifestyle needs of more than 15 million customers. Genworth operates through three segments: Retirement & Protection, US Mortgage Insurance and International. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. 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.

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