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Thursday, May 13, 2021

Genworth postpones its mortgage lending unit's IPO due to volatile trading

 Insurer Genworth Financal Inc said on Thursday it had postponed the initial public offering of its mortgage lending unit, Enact Holdings, due to significant trading volatility in the mortgage insurance sector. 

https://www.reuters.com/article/enact-ipo/genworth-postpones-its-mortgage-lending-units-ipo-due-to-volatile-trading-idUSL4N2N02PA

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