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ENACT HLDGS INC.

Updated: Jun 1, 2023

Enact Holdings Inc. is a mortgage insurance company that provides risk management solutions to the mortgage industry. The company is headquartered in Raleigh, North Carolina and was founded in 2013.


Enact Holdings provides private mortgage insurance to lenders, which allows them to offer mortgages to borrowers who have a down payment of less than 20% of the home's value. Private mortgage insurance provides protection to the lender in the event that the borrower defaults on the loan, reducing the lender's risk and allowing them to offer mortgages to a wider range of borrowers.


Enact Holdings has a strong financial position and a solid track record of delivering profitable results. In 2020, the company generated $942 million in net premiums written and had a net income of $399 million. Enact Holdings has a diversified customer base, with relationships with over 1,200 lenders across the United States.


The company's strong financial position and diversified customer base have allowed it to weather the challenges posed by the COVID-19 pandemic. While the pandemic has had a significant impact on the housing market and the broader economy, Enact Holdings has remained profitable and has continued to generate strong cash flow.


Enact Holdings is led by an experienced management team with a deep understanding of the mortgage industry. The company's management team has a strong track record of driving growth and creating value for shareholders, and is committed to delivering long-term value to its stakeholders.


Enact Holdings is a well-established mortgage insurance company that provides risk management solutions to the mortgage industry. The company's strong financial position and diversified customer base have allowed it to weather the challenges posed by the COVID-19 pandemic, and its experienced management team is committed to delivering long-term value to its stakeholders.






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