Genworth Financial Releases Monthly Operating Statistics for Enact Holdings, Inc.

Rhea-AI Summary

Genworth Financial, Inc. (NYSE: GNW) released its monthly operating statistics for Enact Holdings, Inc. for April and May 2021. This report covers key metrics related to credit performance, including total primary delinquencies, new delinquencies, cures, and claims paid. The data is accessible on Genworth's investor website and will continue to be updated monthly to support Enact's business activities. Genworth is dedicated to aiding families in homeownership and addressing aging financial challenges through its insurance services.

Positive

• Comprehensive monthly report on credit performance metrics for Enact Holdings.
• Consistent updates planned to support investors and stakeholders.

Negative

• Potential concerns regarding rising delinquencies which might affect future financial performance.

RICHMOND, Va., June 10, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today released monthly operating statistics related to credit performance of the mortgage insurance portfolio for Enact Holdings, Inc. (Enact), its wholly-owned subsidiary formerly known as Genworth Mortgage Holdings, Inc., for the months of April and May 2021. The information includes total primary delinquencies, new delinquencies, cures and claims paid.

The report is posted on the Enact section of Genworth's investor website and will be posted monthly moving forward in support of Enact's ongoing business activities. 

About Genworth Financial 
Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com.

From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com.

Cautionary Note Regarding Forward-Looking Statements:
This communication contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995.  Forward-looking statements may be identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will" or words of similar meaning & include, but are not limited to, statements regarding the outlook for future business and financial performance of Genworth Financial, Inc. (Genworth) and its consolidated subsidiaries.  Forward-looking statements are based on management's current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict.  Actual outcomes and results may differ materially due to global political, economic, business, competitive, market, regulatory and other factors and risks, including those discussed at the end of this presentation, as well as in the risk factor section of Genworth's Annual Report on Form 10-K, filed with the United States Securities and Exchange Commission (SEC) on February 26, 2021, Genworth undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.

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SOURCE Genworth Financial, Inc.

FAQ

What are the recent operating statistics released by Genworth Financial for Enact?

Genworth Financial released monthly operating statistics that include total primary delinquencies, new delinquencies, cures, and claims paid for Enact Holdings.

When were the latest operating statistics for Enact Holdings issued?

The latest statistics were issued on June 10, 2021, covering data for April and May 2021.

Where can I find the operating statistics for Genworth's subsidiary Enact Holdings?

The operating statistics can be found on Genworth's investor website under the Enact section.

How does Genworth Financial support homeownership through its subsidiaries?

Genworth Financial supports homeownership through its leadership in mortgage insurance and helps families address financial challenges related to aging.