Genworth Says Insured Low Down Payment Loans Performed Well Even in Housing Downturn, Should Meet QRM Exemption

RICHMOND, Va., Aug. 1, 2011 /PRNewswire/ -- Mortgage loans with down payments as low as five percent, with proper underwriting and mortgage insurance, do not expose borrowers, investors, or the broader housing market to undue risk and should be included in federal regulators' definition of a Qualifi