Like most industry stalwarts, Guild Mortgage faced losses in the first quarter of 2025 despite originations improving on the year. The lender reported Q1 net revenue of $198.5 million, down from $373 million in Q4 2024 and $231.8 million in Q1 2024. It clocked a $23.9 million net loss, reversing from profits of $28.5 million…
By CHUCK GREEN It is the beginning of April, and in many parts of the country, real estate and mortgage professionals are celebrating the start of the spring homebuying season. In some ways, the season began months ago, according to Licensed Real Estate Broker Paul Zweben of The Zweben Team at Compass in New York….
By KIMBERLEY HAAS The new SVP of community lending solutions at Guild Mortgage has a passion for educating people about homeownership. Nora Guerra joined the Guild team in October. Prior to that, she worked as the senior manager of national affordable lending at Freddie Mac and won the CEO Award. In her role at Freddie…
By CHUCK GREEN As the ball drops on New Year’s Eve and 2025 begins, people making the resolution to turn their homebuying dreams into reality will not be alone. Next year, total mortgage origination volume is expected to increase to $2.3 trillion, according to a report from the Mortgage Bankers Association. In 2024, $1.79 trillion…
By CHUCK GREEN With all due respect to the Hallmark Channel, we’d like to interrupt regularly scheduled Christmas programming to bring you this holiday market update. Before you knock back that second or, okay, third, heavy-handed cup of eggnog, you might want to dive into your holiday stocking. You could score not only the traditional…
Guild Mortgage has partnered with eHome America to offer a new down payment and closing cost assistance program. The program, MyPath2Own, helps first-time buyers become “mortgage ready” through homeownership education. “MyPath2Own is an incredibly valuable program for those customers who may fall short in the financial criteria, such as credit score or income requirements, needed…
By KIMBERLEY HAAS Leaders at Guild Mortgage say they are lucky to be able to help people fulfill their dreams of homeownership. Erin Watts, vice president of product strategy, explained that attainable lending is something she and others at the company are passionate about. They recently expanded the Gateway to Homeownership Assistance program, an initiative…
Guild Mortgage introduced new reverse finance offerings geared towards seniors who hope to age in place. The company announced Flex Payment Mortgages, a suite of products combining federally-insured HECMs with options for larger loan amounts, plus the reverse mortgage for purchase. Seniors can tap their equity without selling their homes by using the program. Homeowners…
Guild Mortgage expanded its Gateway to Homeownership Assistance program, an initiative designed to help underserved borrowers achieve their homebuying dreams. The lender is now offering FNMA HomeReady First, a Special Purpose Credit Program from Fannie Mae that offers a $5,000 credit to help with homebuying costs. Guild then adds an additional $1,500 credit to help…
Guild Mortgage and Optimal Blue both announced new AI technology targeting different pain points for lenders, reflecting the different ways artificial intelligence. Guild launched GuildGPT, an AI system built in-house and customized for Guild employees. The AI assistant is built into Guild’s knowledge database, allowing it to offer customized information about the company’s products and…
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