Highlights
ASX: GMA       GENWORTH MORTGAGE INSURANCE AUSTRALIA LIMITED
Last Price Today's Change   Day's Range   Trading Volume
3.55   +0.10 (2.90%)  3.42 - 3.55  3,070,145

Overview

 
Avg Volume (4 weeks):707,213
4 Weeks Range:2.88 - 3.55
4 Weeks Price Volatility (%):
100.00%
52 Weeks Range:2.05 - 3.55
52 Weeks Price Volatility (%):
100.00%
Average Price Target:-

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Business Background

Genworth Mortgage Insurance Australia Limited is a provider of lenders mortgage insurance (LMI) in Australia. The Company is involved in loan mortgage insurance business. It underwrites LMI through flow and portfolio channels. In Australia, LMI facilitates residential mortgage lending by transferring risk from lenders to LMI providers, for high loan to value ratio residential mortgage loans. The Company has commercial relationships with over 100 lenders across Australia. It engages in residential mortgage policy development with the lending institutions, government bodies, local and international regulators and industry bodies. Its offerings include Standard LMI, Homebuyer Plus and Business Select/Low Doc. Its Standard LMI is available for a range of borrowers, including first homebuyers and investors wishing to access residential mortgage finance. Its Family Pledge is available for borrowers, mainly first homebuyers with no deposit.

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