Genworth Financial becomes largest AVM customer in Australia

Genworth Financial, a leading provider of lenders mortgage insurance and credit enhancement product solutions in Australia and New Zealand, is the first customer to benefit from RP Data's recent introduction of enhanced automated valuation models using the proprietary algorithms and advanced analytics available from First American CoreLogic.

Genworth Financial has adopted the entire suite of RP Data's property information and analytics to improve their decision making, processing efficiency and risk management capabilities. The end-to-end enterprise solution covers processing, management and monitoring of property services and associated risks.

"We are confident that RP Data will help us expand our leadership in the Australian mortgage insurance market by using their proven AVM technology," said Peter Hall country executive and director of Genworth Financial.