Genworth, MBA Announce Redesign of CRU Training

""Genworth U.S. Mortgage Insurance"":http://mortgageinsurance.genworth.com/ (USMI) and the ""Mortgage Bankers Association"":http://mbaa.org/default.htm (MBA) announced Tuesday that a redesigned training curriculum for CampusMBA's Certified Residential Underwriter (CRU) Specialist Designation will soon be available in order to meet the growing demand for underwriters proficient in evaluating borrowers in the rebounding home purchase market.

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The redesigned courses--available September 17--were previewed at the MBA Risk Management and Quality Assurance Forum in Phoenix, Arizona. All courses for the CRU designation are self-study, Web-based, and offered through CampusMBA, the association's education division.

In addition to the existing course content designed to teach underwriting accuracy, the CRU curriculum now offers: the foundations for thorough underwriting; best practices in understanding and analyzing personal and business tax returns; regulatory compliance in loan origination; and detecting mortgage loan fraud, including a focus on current fraud trends, new legislation, and recent court cases.

""Genworth USMI has been the exclusive partner with CampusMBA in developing and updating these courses since their introduction in 2006,"" said Joanne Rehm, director of training at Genworth USMI. ""We're pleased to offer our innovative, award-winning expertise to support efforts to improve the skills of industry professionals and help lenders respond to evolving mortgage market needs.""