Tag Archives: Terry Schmidt

Focus on homebuyers helps Guild swing to $97M 2024 profit

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At $24 billion, Guild’s 2024 mortgage production marked the San Diego-based lender’s biggest year since the pandemic-fueled refinancing boom. Continue reading →

Guild Mortgage shrugs off 2023 loss as it pursues acquisitions

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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. Continue reading →

Guild Mortgage set to acquire, rebrand Academy Mortgage

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Upwards of 1,000 Academy Mortgage employees will make the transition to Guild, including more than 600 originators, Guild said in announcing the sixth acquisition in three years. Continue reading →

Guild Mortgage eyes the Midwest with First Centennial acquisition

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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. Continue reading →

Guild’s McGarry will hand CEO reins to Terry Schmidt, her 1st hire

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Terry Schmidt was Mary Ann McGarry’s first hire at Guild in 1985, and the two led a 2007 management buyout of the company from founder Martin Gleich. Continue reading →