Enact Holdings, Inc. to Introduce Its New Brand and Visual Identity
May 24, 2021 at 09:40 am EDT
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Enact Holdings, Inc. 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. The rebrand includes a new name, visual identity and corporate website and reflects the Enact group of companies' proactive and responsive approach to serving their customers. The new brand reflects a pivotal moment in 40-year operating history. Since 1981, Enact's insurance subsidiaries have successfully navigated several housing market cycles and significant shifts in the housing finance industry. While maneuvering through this constant change, the Enact group of companies have built a strong reputation for trusted, quality service and success, characterized by longstanding customer relationships and a borrower-centric approach. The Enact group will continue to build on this legacy by providing tailored solutions and insightful expertise to its over 1,800 mortgage insurance customers while investing more in the areas that have driven its success to date, including value-add products and services that meet the changing needs of today's lenders and homebuyers, as well as technology that supports customer service in a competitive market environment. These investments, combined with Enact's expertise in risk management and strong industry tailwinds, can provide the foundation for Enact's future growth.
Enact Holdings, Inc. is a private mortgage insurance company. The Company operates principally through its wholly owned subsidiary, Enact Mortgage Insurance Corporation. It is engaged in the business of writing and assuming residential mortgage guaranty insurance. The insurance protects lenders and investors against certain losses resulting from nonpayment of loans secured by mortgages, deeds of trust or other instruments constituting a first lien on residential real estate. It facilitates the sale of mortgages to the secondary market, including to private investors, as well as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). It has a diverse customer base and maintains enduring relationships across the mortgage origination market, including with national banks, non-bank mortgage lenders, local mortgage bankers, community banks and credit unions.