Enact Holdings, Inc.

US private mortgage insurer protecting lenders against borrower defaults

What Enact does

Enact Holdings sells private mortgage insurance in the United States. When a homebuyer takes out a mortgage, usually with a small down payment, this insurance protects the lender from losses if the borrower stops paying. Enact also offers loan-review (underwriting) services and reinsurance tied to mortgages.

How Enact makes money

Enact collects insurance premiums on the residential mortgages it insures and pays claims when borrowers default. It also earns fees from contract underwriting and income from mortgage-related reinsurance.

Products & services

• Private mortgage insurance (primary)
• Pool mortgage insurance
• Contract underwriting services
• Mortgage-related reinsurance