Genworth Mortgage: "Following this offering, we will be a 'controlled company' within the meaning of the NASDAQ rules as our parent will continue to own, through GHI, more than a majority of the total voting power of our common stock."
Researchers looking at proprietary Freddie Mac data found that the wealthiest 10% of borrowers saved $5 billion more on their mortgage refinances in 2020 than all other borrowers combined.