Guild Acquires Cherry Creek Mortgage

Cherry Creek Mortgage has been acquired by Guild Mortgage, the company announced in a press release. Cherry Creek will become its own division of Guild. Jeff May, who co-founded Cherry Creek in 1987, will lead the new division. The terms of the acquisition were not disclosed. “We continue to look for potential new partners with strong local teams, a history of growth, and community commitments,” said Mary Ann McGarry, Guild CEO. “Guild has a longstanding admiration for Cherry Creek’s approach to business and its accomplishments, and we feel confident our two companies will be able to take advantage of our synergies in each market and do even more for our customers, together.” Cherry Creek is a Colorado-based privately held lender…

Rick Hogle Named CRO Of Cherry Creek Mortgage

Rick Hogle has joined Cherry Creek Mortgage as its chief revenue officer, the company announced in a press release. “I’m delighted and honored to bring both my skills and perspectives to Cherry Creek’s thriving retail organization,” Hogle said. “When you bring together great people, empower them with a common mission, and equip them with the tools, knowledge, and processes for success, the sky’s the limit.” Hogle brings 21 years of industry experience to the position. He previously served as a branch manager, national sales manager, director of operations, chief operating officer, and chief strategic officer for Supreme Lending. He also held leadership positions at New Century Mortgage. In his new role, Hogle will oversee the growth and development of retail…