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GHLD - A Tale Of Two Mortgage Originators: Flagstar And Impac
December, 08 2020 12:00 PM
Guild Holdings Company Class A
Mortgage originators are benefiting from both high demand and much greater than normal gain on sale margins. These conditions continued into Q4, which means they will likely report yet another quarter of huge gains on sale profits. Many are already up 70% - 120% YTD, but two firms - Impac Mortgage and Flagstar Bank - were left behind. The reasons they were left behind however have now been resolved. Thus, I expect both to catch up to the gains of their peers. For further details see:
A Tale Of Two Mortgage Originators: Flagstar And Impac
Stock Information
Company Name:
Guild Holdings Company Class A
Stock Symbol:
GHLD
Market:
NYSE
Website:
guildmortgage.com
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