Mortgage insurer Enact’s IPO is back on track

With investors showing renewed confidence, Genworth Financial is ready to move forward with plans to sell part of its mortgage insurance subsidiary in an initial public offering. Continue reading

Genworth postpones IPO of its mortgage insurance business

Citing volatile trading in shares of mortgage insurers, Genworth Financial has postponed plans to sell off part of its mortgage insurance subsidiary in an initial public offering. Continue reading

Nation’s fifth largest mortgage insurer joins the IPO craze

Genworth Mortgage Insurance Corp. will rebrand as Enact in a partial IPO that values the company at $3.6 billion and paves the way for a future spin-off. Continue reading

Share of first-time buyers reaches highest peak since 1993

According to a market report by Genworth Mortgage Insurance, the number of first-time homebuyers exceeded 2 million for the third consecutive year. Continue reading