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Hanover Mortgages

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Guild Mortgage

Guild Mortgage beefs up retail network with acquisition of Cherry Creek Mortgage

March 16, 2023 by Brett Tams

The deal is the latest in Guild’s string of acquisitions. The company bought Legacy Mortgage in February, which expanded its presence in the southwest region. Legacy originates loans in four states: Arizona, Colorado, New Mexico, and Texas. “We continue to look for potential new partners with strong local teams, a history of growth and community … [Read more…]

Posted in: Refinance, Savings Account Tagged: acquisition, acquisitions, active, Arizona, Bank, business, CEO, Colorado, company, Executive team, Financial Wize, FinancialWize, Giving, growth, Guild, Guild Mortgage, history, industry, investment, legacy, loan, loan officers, Loans, Local, market, More, Mortgage, new, securities, southwest, states, texas, Transaction, will

Guild Mortgage acquires Cherry Creek Mortgage

March 14, 2023 by Brett Tams

Expansion-hungry Guild Mortgage announced the acquisition of Cherry Creek Mortgage, a Colorado-based lender with 68 branches in 45 states.

Posted in: Mortgage, Refinance, Uncategorized Tagged: 2022, 2023, acquisition, acquisitions, Arizona, business, california, CEO, Colorado, data, earnings, Earnings call, environment, FHA, Financial Wize, FinancialWize, growth, Guild, Guild Mortgage, Hiring, history, home, home renovation, Income, interest, legacy, lenders, loan, loan officers, Loan origination, Loans, Local, local markets, LOS, M&A, market, markets, More, Mortgage, mortgage loan, Mortgage Products, Mortgages, net income, Nevada, new, NMLS, offers, opportunity, Origination, Other, plans, president, products, Purchase, purchase market, renovation, Reverse, reverse mortgages, second, states, summer, texas, Uncategorized, USDA, VA, volume, will, Wisconsin

Guild reports improved profits for 2022, affirms appetite for M&As

March 10, 2023 by Brett Tams

Guild Mortgage posted a higher profit in 2022, led by increased purchase mortgage market share, and made it clear that the company wants to acquire other lenders.

Posted in: Mortgage, Refinance Tagged: 2, 2021, 2022, 2023, acquisition, acquisitions, Arizona, balance, balance sheet, borrowing, business, buyer, california, clear, Colorado, company, cost, Credit, earnings, Earnings call, environment, expenses, Finance, Financial Wize, FinancialWize, growth, Guild, Guild Mortgage, Income, industry, interest, interest rates, inventory, Invest, IPO / M&A, legacy, lenders, leverage, limited inventory, liquidity, loan, loan officers, Loan origination, Loans, low, LOWER, M&A, man, manage, market, MBA, model, More, Mortgage, Mortgage Bankers Association, mortgage market, mortgage servicing, Mortgages, MSR, net income, new, NMLS, Origination, Originations, Other, points, president, pressure, Purchase, purchase market, Purchase mortgage market, Rates, returns, Revenue, sales, savings, second, Servicing, targeting, texas, time, timing, volume, wants, weather, will, Wisconsin

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