Introducing Enact, a Leading Private Mortgage Insurance Group
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RALEIGH, N.C., May 24, 2021 /PRNewswire/
Enact Holdings, Inc. (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, is introducing its new brand and visual identity. Formerly known as Genworth Mortgage Holdings, Inc., Enact is a wholly owned operating subsidiary of Genworth Financial, Inc. (NYSE: GNW). The rebrand includes a new name, visual identity and corporate website www.EnactMI.com and reflects the Enact group of companies proactive and responsive approach to serving their customers. This rebrand is an exciting new journey for us, and while our name and visual identity has changed, what will not change is our commitment to our customers and to our mission: helping people buy houses and stay in their homes, said Rohit Gupta, President and Chief Executive Officer of Enact. We look forward to continuing to grow with our customers, p
Genworth Mortgage Holdings Becomes Enact Holdings mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.
What You Need to Know
The name of the mortgage insurance unit is now Enact Holdings Inc.
Shares will trade on Nasdaq under the stock symbol ACT.
Genworth hopes to use part of the proceeds to handle a settlement with AXA.
Genworth Financial Inc. is about to start selling 18.4% of the shares of a big mortgage insurance subsidiary to the investors, through an initial public offering.
The mortgage insurance subsidiary has changed its name to Enact Holdings Inc., from Genworth Mortgage Holdings Inc. Shares of Enact’s stock will trade on the Nasdaq Global Select Market under the ticker symbol “ACT.”
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