Enact Holdings, Inc. ACT

Company Overview

Enact Holdings, Inc. is a U.S.-based private mortgage insurance company that provides mortgage guaranty insurance and related services to residential mortgage lenders and government-sponsored enterprises. The company operates primarily in the U.S. housing finance and mortgage insurance industries, helping lenders manage credit risk associated with low down payment residential mortgage loans. Enact’s core revenue driver is the collection of insurance premiums on primary mortgage insurance policies, along with investment income generated from its insurance investment portfolio.

The company conducts business principally through its primary operating subsidiary, Enact Mortgage Insurance Corporation, formerly known as Genworth Mortgage Insurance Corporation. Enact serves mortgage originators, banks, credit unions, and other housing finance participants, with a particular focus on conventional mortgage lending backed by Fannie Mae and Freddie Mac. The company traces its origins to the mortgage insurance operations historically owned by Genworth Financial and became a publicly traded company in 2021 following an initial public offering. Its market positioning is supported by long-standing lender relationships, underwriting expertise, analytics capabilities, and established eligibility status with major government-sponsored enterprises.