Genworth Mortgage Insurance Urges Repeal of North Carolina Anti-LGBT Bill

RALEIGH, N.C., April 14, 2016 /PRNewswire/ -- Genworth Mortgage Insurance ("Genworth"), a unit of Genworth Financial, Inc. GNW, strongly urges the North Carolina General Assembly to repeal HB2, which effectively negates broader anti-discrimination protections for lesbian, gay, bisexual, and transgender (LGBT) citizens in North Carolina, where Genworth Mortgage Insurance is headquartered.

"Gov. Pat McCrory's executive order is a step in the right direction," said Rohit Gupta, president and CEO of Genworth Mortgage Insurance.  "No individual should be discriminated against because of gender identity or sexual orientation and we urge the North Carolina General Assembly to pass legislation that unequivocally protects members of the LGBT community from discrimination."

"Because Genworth is committed to equality, diversity and inclusion, this law is an affront to our company, which values and respects all individuals, regardless of their sexual orientation or gender identity," Gupta said.  "Those ideals also extend to the community, where we make the dream of homeownership more affordable for more American families and are committed to fair and equitable mortgage lending practices.  Laws that condone discrimination are not only bad for people, but also bad for the economic vitality of the communities in which they are enacted."   

About Genworth Financial 
Genworth Financial, Inc. GNW is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com.

From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com. From time to time, Genworth's publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth Mortgage Insurance Australia Limited, separately release financial and other information about their operations. This information can be found at http://genworth.ca and http://www.genworth.com.au.

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SOURCE Genworth Financial, Inc.