San Diego-based lender reports net loss for 2023 despite aggressive growth strategy.
Tagged: Guild Mortgage
Major trade associations like The MBA, NAMB, and BAC, urge action on S. 3502.
The merger aims to enhance local fulfillment and sales support, marking Guild’s sixth acquisition since 2021 and expanding its licensed originators to over 2,100 amidst a challenging market.
The strategic move will see Guild Mortgage enhance its market share and become the 8th largest non-bank retail lender in the U.S., welcoming over 600 loan officers from Academy.
Industry veteran will lead marketing and branding initiatives.
Earnings snapshot shows ongoing cuts, servicing stemmed the bleeding amidst higher rates.
Leveraging strategic acquisitions and a focus on purchase loans, Guild Mortgage defies industry downturn with robust profit growth and an aggressive market share expansion strategy.
Promotion of Lamont Watson to new position part of company's DEI initiatives.
Case was dismissed without prejudice in Seattle but could be refiled in California.
Christopher Keelin, a top-producing originator in N.J., brings his team of 80 to CCM.