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Enact Holdings, Inc. (ACT) provides essential mortgage insurance services that stabilize the U.S. housing market by transferring credit risk from lenders. This page serves as your definitive source for official company announcements and market-moving developments.
Access curated updates including earnings reports, regulatory filings, and strategic initiatives that demonstrate ACT's underwriting expertise. Investors gain critical insights into risk management practices influencing the residential mortgage sector.
Discover press releases about leadership changes, product innovations, and partnerships that shape ACT's position in housing finance. All content is verified for accuracy, helping stakeholders make informed decisions without promotional bias.
Bookmark this page for streamlined access to ACT's evolving role in mortgage guaranty insurance. Check regularly for updates that matter to lenders, investors, and housing market participants.
Enact Holdings, Inc. (Nasdaq: ACT) announced that it will release its fourth quarter earnings after the market closes on February 1, 2022. A conference call will follow on February 2, 2022, at 8:00 a.m. ET to discuss the financial results. The earnings release and financial supplement will be accessible on the company's website. Interested parties can join the conference call via telephone or webcast. Enact, established in 1981, is a leading private mortgage insurance provider, focused on enhancing homeownership opportunities through partnerships with lenders.
Genworth Financial, Inc. (NYSE: GNW) will release its fourth quarter earnings after market close on February 1, 2022. A conference call to discuss these results is scheduled for February 2, 2022, at 9:00 a.m. (ET). Investors can access the earnings release and financial supplement via the company's website here. Additionally, Genworth's subsidiary, Enact Holdings, Inc. (NASDAQ: ACT), will hold its own conference call on February 2, at 8:00 a.m. (ET), to discuss its fourth quarter results.
Genworth Financial, Inc. (NYSE: GNW) has completed the redemption of all $308 million of its 4.900% Senior Notes due 2023, using approximately $334 million in cash. This amount covers the principal, a make-whole premium, and accrued interest up to the redemption date of December 15, 2021. Genworth Holdings, its wholly-owned subsidiary, executed this transaction. As a Fortune 500 provider, Genworth addresses financial challenges related to aging, while also being the parent company of Enact Holdings, Inc. (Nasdaq: ACT).
Genworth Financial, Inc. (GNW) announced a notice of redemption for its outstanding 4.900% Senior Notes due 2023, effective December 15, 2021. The redemption price will be 100% of the principal amount, along with a make-whole premium and any accrued interest. The redemption will be managed by The Bank of New York Mellon Trust Company. This strategic move is part of Genworth's financial management efforts. Genworth Holdings is a wholly-owned subsidiary of Genworth Financial, which also owns Enact Holdings, a leading mortgage insurance provider.
On November 15, 2021, Enact Holdings (Nasdaq: ACT) announced a special cash dividend of $200 million, equating to $1.23 per share. Shareholders recorded by November 26, 2021, will receive the payment on December 15, 2021. CEO Rohit Gupta highlighted the company's strong balance sheet and cash flows as foundational for a balanced capital allocation strategy, underscoring a commitment to shareholder value.
Enact Holdings, Inc. (Nasdaq: ACT) reported strong third-quarter 2021 financial results, achieving a GAAP net income of $137 million, or $0.84 per diluted share, which reflects a sequential increase from the previous quarter. The company reported a 13.2% return on equity and a PMIERs sufficiency of 181%, the highest ever. Although new insurance written decreased by 10% to $24.0 billion, primary insurance in force rose 2% to $222 billion. Operating expenses declined, contributing to improved profitability metrics.
On October 13, 2021, Enact Holdings, Inc. (Nasdaq: ACT) released its monthly operating statistics for September 2021, detailing credit performance metrics such as total primary delinquencies and claims paid. The report is accessible on Enact's investor relations website. Due to improved economic conditions, the company plans to discontinue monthly reports and will provide selected metrics in quarterly earnings releases moving forward.
Enact Holdings, Inc. (Nasdaq: ACT) announced the passing of Board Member, General Raymond T. Odierno, on October 8, 2021. With nearly 40 years of service in the U.S. Army, General Odierno held significant leadership roles, including command during deployments in Europe and the Middle East. His contributions extended to corporate advisory roles post-retirement. Enact expressed deep condolences to the Odierno family, highlighting his exceptional service and leadership. The company plans to maintain its 11-person board and will share more details on succession in the future.
Enact Holdings (Nasdaq: ACT) will announce its third quarter earnings on November 2, 2021, after the market closes. A conference call is scheduled for November 3, 2021, at 8:00 a.m. ET, to discuss the financial results. Investors can access the earnings release and financial supplement on Enact's website. The call can be joined via telephone or webcast, with the dial-in information provided. Enact is committed to enhancing homeownership through its mortgage insurance services.
Genworth Financial (NYSE: GNW) announced its third quarter earnings release will be issued on November 2, 2021, after market close. A conference call to discuss the results is scheduled for November 3, 2021, at 9:00 a.m. ET. Investors can access the earnings release and financial supplement on Genworth's website. Additionally, Enact Holdings (NASDAQ: ACT) will hold a conference call on the same day at 8:00 a.m. ET. For more information, visit the investor relations section of the Genworth website.
