Guild Mortgage shrugs off 2023 loss as it pursues acquisitions
The San Diego-based lender has completed 5 acquisitions in the past 18 months in pursuit of market share, unfazed by a 21% drop in mortgage originations and a $39.1M 2023 net loss
by Matt Carter Mar 13
Guild Mortgage set to acquire, rebrand Academy Mortgage
Upward of 1,000 Academy Mortgage employees will make the transition to Guild, including more than 600 originators, Guild said in announcing the 6th acquisition in 3 years
by Matt Carter Feb 13
First-timers 'significantly' less satisfied with mortgage lenders
Homebuyers don't just want good rates. They want lenders to solve problems that will keep them from getting to the closing table, annual JD Power mortgage customer satisfaction survey finds
by Matt Carter Nov 16
Guild Mortgage eyes the Midwest with First Centennial acquisition
The acquisition of the Aurora, Illinois-based, family-owned lender marks San Diego-based Guild Mortgage's fourth expansion since December, according to an announcement on Monday
by Matt Carter Aug 30
Fairway loses 8 California branches to rival Guild Mortgage
The defection of former Fairway division manager John Lowe and 40 colleagues who originated $350M in loans last year "is equal to that of a mini acquisition"
by Matt Carter Apr 20
Guild's McGarry will hand CEO reins to Terry Schmidt, her 1st hire
Schmidt was Mary Ann McGarry's 1st hire at Guild in 1985, and the two led a 2007 management buyout of the company from founder Martin Gleich
by Matt Carter Mar 20
Mortgage lenders innovate to help homebuyers cope with higher rates
Rocket, Guild and UWM are among lenders providing homebuyers with options, such as temporary rate buydowns and reduced fees on refis if rates come down from 2022 peaks
by Matt Carter Dec 27
Guaranteed Rate taking borrowers from application to close en Español
Lender expands Spanish language access program launched in April to include disclosures that describe loan terms and fees
by Matt Carter Sep 23
Homeowners often miffed if lenders outsource servicing: Study
J.D. Power's annual Mortgage Servicer Satisfaction Study finds customer satisfaction is 26% higher when mortgages are originated and serviced by the same company
by Matt Carter Jul 28
Lenders gearing up to help renters become homebuyers
New technology and policy changes at Fannie Mae and Freddie Mac spur innovations by Guild Mortgage and Ready Life to help borrowers without credit scores and good payment histories
by Matt Carter Jul 26
Homepoint is first wholesale lender with cash offer product
Powered by Accept.inc, Homepoint Cash Compete program is available at launch in six states: California, Colorado, Minnesota, Oregon, Texas and Washington
by Matt Carter May 24
Power Buyer Orchard now serving first-time homebuyers
After piloting cash-offer product in Texas and Colorado, company plans to offer Buy With Orchard in all of its markets in the months ahead
by Matt Carter May 17
Guild Mortgage rolls out cash offer program in 11 states, more to join
Guild's CashPass program is available for primary residences, second homes or investment properties, with down payments depending on occupancy
by Matt Carter May 16
The biggest mortgage, lending and housing finance stories of 2021
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
by Matt Carter Dec 29
Survey: Mortgage refi crush exposed dangers of digital-heavy approach
JD Power finds customer satisfaction is highest when lenders employ the right mix of technology and personal interactions
by Matt Carter Nov 11