First Guaranty Mortgage – Need Benjamins

The biggest mortgage, lending and housing finance stories of 2022

By Matt Carter | December 28, 2022 - 6:00 pm |December 28, 2022 Uncategorized

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The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading →

First Guaranty Mortgage files for bankruptcy protection from creditors

By Matt Carter | June 30, 2022 - 4:43 pm |June 30, 2022 Uncategorized

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Chapter 11 filing will allow the non-QM lender leeway to submit a plan of reorganization to keep its business alive and pay creditors over time. Continue reading →

First Guaranty Mortgage cuts 76% of workforce, leaving partners in lurch

By Matt Carter | June 27, 2022 - 10:44 pm |June 27, 2022 Uncategorized

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Non-QM lender lender lays off three-fourths of workforce, saying it’s experienced “significant operating losses and cash flow challenges” and has been unable to obtain funding. Continue reading →

Tag Archives: First Guaranty Mortgage

The biggest mortgage, lending and housing finance stories of 2022

First Guaranty Mortgage files for bankruptcy protection from creditors

First Guaranty Mortgage cuts 76% of workforce, leaving partners in lurch

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