The San Diego-based lender has completed five acquisitions in the past 18 months, unfazed by a 21 percent drop in mortgage originations and $39.1 million 2023 net loss.
Source: Inman News
Guild Mortgage shrugs off 2023 loss as it pursues acquisitions
Published in 2023 earnings, Academy Mortgage, cherry creek mortgage, earnings, First Centennial Mortgage, Guild, Guild Holdings, guild mortgage, Industry News, Legacy Mortgage, Mortgage, Q4 earnings and Terry Schmidt
More from 2023 earningsMore posts in 2023 earnings »
More from Academy MortgageMore posts in Academy Mortgage »
More from cherry creek mortgageMore posts in cherry creek mortgage »
More from earningsMore posts in earnings »
- RE/MAX stays profitable as US agent count, revenue decline
- Tech, scale and strategy fuel Q1 wins across real estate
- Blend seeks to sell Title365 as mortgage revenue shrinks in Q1
- Rocket says it could close Redfin acquisition as soon as this quarter
- Investors cheer as Guild grows Q1 mortgage originations by 35%
More from First Centennial MortgageMore posts in First Centennial Mortgage »
More from GuildMore posts in Guild »
More from Guild HoldingsMore posts in Guild Holdings »
More from guild mortgageMore posts in guild mortgage »
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
- Evergreen Home Loans hiring to serve 29 additional states
- Mortgage trigger leads will be less crazy, but they ain’t going away
- Rocket to inherit Mr. Cooper’s customer satisfaction woes
- Investors cheer as Guild grows Q1 mortgage originations by 35%
More from Industry NewsMore posts in Industry News »
More from Legacy MortgageMore posts in Legacy Mortgage »
More from MortgageMore posts in Mortgage »
- Enduring elegance: Leadership lessons from Giorgio Armani
- How the Compass-Anywhere deal could spur an ‘arms race’
- How a government shutdown would affect real estate agents
- Why Flyhomes is quitting the real estate brokerage business
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
More from Q4 earningsMore posts in Q4 earnings »
- Better hiring real estate agents to originate mortgages in 26 states
- Fathom Realty added 1,425 agents after raising fees last year
- Title technology provider Doma posts $124M 2023 net loss
- EXp posts revenue uptick in Q4 — but not enough to turn a profit
- WeWork hits an earnings milestone in Q4 — but remains deep in the red
More from Terry SchmidtMore posts in Terry Schmidt »
- Investors cheer as Guild grows Q1 mortgage originations by 35%
- Focus on homebuyers helps Guild swing to $97M 2024 profit
- Guild Mortgage set to acquire, rebrand Academy Mortgage
- Guild Mortgage eyes the Midwest with First Centennial acquisition
- Guild’s McGarry will hand CEO reins to Terry Schmidt, her 1st hire
Be First to Comment