ACT 📈 Enact Holdings - Overview

Enact Holdings, Inc., a leading private mortgage insurance company in the United States, specializes in writing and assuming residential mortgage guaranty insurance, providing a range of products and services to the mortgage industry. The company's primary focus is on insuring prime-based, individually underwritten residential mortgage loans, which enables homeowners to purchase homes with lower down payments. Additionally, Enact Holdings offers contract underwriting services for mortgage lenders, streamlining the loan origination process and helping lenders to more efficiently manage their risk. The company also provides mortgage-related reinsurance products, further expanding its reach and capabilities in the mortgage insurance market.

As a key player in the US mortgage insurance market, Enact Holdings primarily serves originators of residential mortgage loans, including banks, credit unions, and other financial institutions. With a history dating back to 1981, the company has established itself as a trusted and experienced provider of private mortgage insurance products. Following a name change from Genworth Mortgage Holdings, Inc. to Enact Holdings, Inc. in May 2021, the company has continued to operate as a subsidiary of Genworth Holdings Inc., leveraging its parent company's resources and expertise to drive growth and innovation. Headquartered in Raleigh, North Carolina, Enact Holdings is well-positioned to serve the US mortgage market, with a strong online presence at https://enactmi.com.

From a financial perspective, Enact Holdings, Inc. is listed on the NASDAQ stock exchange under the ticker symbol ACT, with its common stock classified under the GICS Sub Industry of Property & Casualty Insurance. The company's ISIN, US29249E1091, provides a unique identifier for its securities, facilitating trading and investment activities. As a publicly traded company, Enact Holdings is subject to the usual disclosure and regulatory requirements, ensuring transparency and accountability to its shareholders and the broader financial community. With its strong foundation in the US mortgage insurance market, Enact Holdings is poised for continued growth and success, driven by its commitment to providing high-quality products and services to its customers.