Enact Mortgage Insurance

We are beyond proud to announce that Enact has been named one of the Triangle Business Journal's 2024 "Best Places to Work" Award! This award recognizes "local employers that have gone above and beyond to create an outstanding workplace culture" in the Triangle and winners are determined by anonymous employee feedback. Awards like this don't happen without the entire team, so congratulations to everyone on the Enact team!

What makes a condominium non-warrantable? In our latest Ask an RU blog post, we provide a rundown on warrantable vs. non-warrantable condos. Learn more about what makes these units an ineligible project according to the GSEs here: https://lnkd.in/e86wSReg

Giving back is an core part of our culture at Enact, which is why our June Month of Service is one of our favorite times of the year. This year, our employees spent over 1000 hours in the community volunteering for the causes closest to their heart, whether it was packing meals, wrapping diapers, or cleaning up litter. Thank you to our employees for your commitment to giving back and making an impact. #EnactGivesBack

The #EnactMI August #training calendar is live! This month's courses explore adjustable-rate mortgages (ARMs) and buydowns, and break down the sales comparison section of an appraisal form. Have your NMLS ID handy and sign up here: https://lnkd.in/eS8bfA5g

The Enact team continues to create space to encourage conversations around the challenges others are facing. To recognize PRIDE month, Enact held the June installment of our anti-hate series and welcomed Jason Scott from our partner LGBTQ+ Real Estate Alliance who led a presentation on LGBTQ+ discrimination in the homebuying process. Thank you to Jason Scott and DEI Council Events Manager Jena Massing for leading the conversation on this important topic as we continue to find ways to be supportive allies.

The Enact office and ActionCenter will be closed on Thursday, July 4 in observation of Independence Day. We will be back in action on Friday, July 5.

Bias has no place in the homebuying process, but unfortunately #appraisal bias does occur. In our latest blog post, we outline helpful best practices and considerations to help prevent appraisal bias from impacting your borrowers. Read more here: https://lnkd.in/dnKE5Bbf

U.S. Mortgage Insurers named Enact’s Rohit Gupta as the association's new Chairman of the Board. Mr. Gupta is currently President, CEO, and Director of Enact Holdings and succeeds Essent Guaranty, Inc. Group’s Adolfo Marzol. “Rohit’s deep mortgage insurance expertise, public policy experience and passion for the valuable role our industry plays will facilitate continued success in the important work of USMI,” said outgoing USMI Chairman Adolfo Marzol. “I am honored to pass the torch to Rohit.” USMI President Seth Appleton added, “Rohit’s dedication to affordable and sustainable homeownership backed by private capital is invaluable to USMI’s efforts moving forward. Rohit’s previous experience as Chairman of the Board makes this a seamless transition and positions the organization for continued success.”

Every quarter, we take time to recognize and celebrate team members that champion our company's values and go above and beyond in their roles. Congratulations to our first quarter ACTion Award winners!

Sometimes people need a break, borrowers included! In our latest Ask an RU blog post, we explore how you can effectively navigate borrower scenarios that include temporary leave income. Read more about this income type and how the GSEs handle it here: https://lnkd.in/e53hesgv