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home / news releases / GHLD - Guild Mortgage acquires New Mexico-based lender in Southwest push

GHLD - Guild Mortgage acquires New Mexico-based lender in Southwest push

Guild Holdings Company Class A

  • Guild Mortgage Company, a wholly owned subsidiary of Guild Holdings Company ( NYSE: GHLD ), said Tuesday it acquired Legacy Mortgage, a fellow mortgage lender located in Albuquerque, New Mexico.
  • Legacy Mortgage, founded in 2002, will become part of Guild's Southwest region. The acquiree has 13 branches across four states -- Arizona, Colorado, New Mexico and Texas, and offers various purchase and refinance loan options.
  • “This acquisition is part of the company’s continued plan to grow both in existing markets and by entering new ones with selective acquisitions of like-minded lenders,” said Guild CEO Mary Ann McGarry.
  • Terms of the deal were not disclosed.
  • Towards the end of 2022, Guild Mortgage launched a loan program to boost home affordability.

For further details see:

Guild Mortgage acquires New Mexico-based lender in Southwest push
Stock Information
Company Name: Guild Holdings Company Class A
Stock Symbol: GHLD
Market: NYSE
Website: guildmortgage.com
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