Prime Alliance CUs Get Access to Genworth Financial Low Down Payment Mortgage Solution

RICHMOND, Va. – Genworth Financial and Prime Alliance Solutions have reached an agreement that makes the Virginia based insurance holding company's HomeOpenersT MonthlyPlus low down payment mortgage solution accessible to all Prime Alliance Solutions credit unions. The solution, says Genworth, will help CUs to compete in the highly competitive low down payment mortgage market by providing involuntary unemployment, accidental disability and accidental death and dismemberment insurance coverage to borrowers at no extra cost. That benefit includes unemployment due to strikes, lockouts, individual and mass layoffs. HomeOpenersT MonthlyPlus is part of a suite of mortgage insurance products offered by Genworth specifically designed for low down payment borrowers and lenders. Prime Alliance Solutions President/CEO Joe Brancucci said, "HomeOpenersT MonthlyPlus provides members with an extra layer of security, and therefore confidence that owning a home is possible."