Guild Holdings Company, parent company of Guild Mortgage, recorded a 6% increase in mortgage originations and much higher revenue levels in the first quarter of 2024 than in 2023. Net income saw substantial improvements as the company continues to pursue an active acquisition strategy, according to an earnings report for Q1 released on Thursday. “I [...]read moreGuild posts origination gains in Q1, declares a dividend
Cherry Creek’s addition to Guild One of the biggest examples of this came during a discussion between HousingWire Editor in Chief Sarah Wheeler and Terry Schmidt, the CEO of Guild Mortgage. Guild has previously maintained a reverse mortgage division, but after focusing on growing its overall footprint through various acquisitions over the past year, one [...]read moreReverse mortgages seen as a path forward for lenders
“We decided going forward that we’re going to focus 100% on retail,” she said. “We look for like-minded companies that have the same culture, because culture and leadership are key. And I think you have to start building scale in this business.” Scale is an important tool for maintaining investment in people and technology, Schmidt [...]read moreGuild Mortgage CEO on values, culture and M&A priorities