Friday, November 2, 2007

Senior Financial Closes Liberty Reverse Mortgage Acquisition

Senior Financial, Inc., a wholly owned venture investment subsidiary of Genworth Financial, Inc. (NYSE: GNW) announced today that it has completed its previously announced acquisition of Liberty Reverse Mortgage, Inc., headquartered in Rancho Cordova, California. Liberty is an independent reverse mortgage lender.

From Genworth Financial

"Genworth Financial, Inc. (NYSE: GNW) is a leading insurance holding company in the United States and is expanding globally, with more than 7,000 employees and operations in over 25 countries. We serve the life and lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers. We currently rank 227 on the Fortune 500 list."

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