"Guild's transition to a private entity will enhance its independent operations, partnering with Bayview's Lakeview Loan Servicing for a strong mortgage ecosystem."
"The deal creates one of the strongest and most compelling mortgage origination and servicing ecosystems in the nation, enhancing innovation and growth."
Guild is set to transition from public to private ownership through a deal with Bayview's Lakeview Loan Servicing, which was first disclosed in late May. Shareholders will receive $20 per share in cash and a potential special cash dividend. The deal, on track to close in late 2025, will allow Guild to retain its management and brand while creating a stronger mortgage origination ecosystem. Guild's significant production and Bayview's vast servicing portfolio positions them to innovate and grow in the competitive mortgage market.
Read at www.housingwire.com
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