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  "documentTitle": "Enact | IPO Presentation Deck | 24 slides",
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  "authorName": "Enact",
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  "presentationDate": "2021-09-01 00:00:00",
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  "pageNumber": 18,
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  "slideType": "market_sizing",
  "function": "size_opportunity",
  "density": "overcrowded",
  "nDataPoints": 12,
  "notes": "FTHB stands for First-Time Homebuyer. The slide uses a combination of bar and line charts to show historical market strength and future population growth at the median homebuying age.",
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      "kind": "chart",
      "text": "FTHB Market Stronger than Historical Average",
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      "kind": "chart",
      "text": "More Favorable Demographics over the Next 5 Years",
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      "kind": "disclaimer",
      "text": "Enact estimate; Population estimate for people aged 33 years: Census Bureau (2021); Median age for FTHBs was 33 years of age in 2020: National Association of Realtors (November 2020)",
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      "text": "FTHB market has out-performed during the 2016-2020 period. Despite a tight housing market, FTHB market remained robust during 1H 2021. FTHBs use high LTV products to purchase homes more than 80% of the time",
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      "kind": "list",
      "text": "Strong demographics have supported the FTHB market in the past 5 years as Millennials aged into the peak homebuying age. On average, 4.4 million people reached the median FTHB age of 33 each year between 2016 and 2020. An extra 1.5M people are expected to reach the peak homebuying age over the next 5 years, which will grow the FTHB market",
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      "kind": "title",
      "text": "Demographics Expected to Remain Favorable for FTHBs",
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