Guild Holdings Company (GHLD) Tops Q1 EPS by 46c, Revenues Beat

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Go back to Guild Holdings Company (GHLD) Tops Q1 EPS by 46c, Revenues Beat

Guild Holdings Company (GHLD) Reports Acquisition of Residential Mortgage Services Holdings

May 11, 2021 5:57 AM EDT

Guild Holdings Company (NYSE: GHLD), a growth-oriented mortgage company that employs a relationship-based loan sourcing strategy to execute on its mission of delivering the promise of homeownership, and Residential Mortgage Services Holdings, Inc. (RMS) today announced the signing of a definitive merger agreement under which Guild will acquire RMS. Guild expects the transaction to be accretive to 2021 earnings per share and to close in the third quarter of 2021, subject to regulatory approvals and other customary closing conditions.

The addition of RMS, a fast growing retail originator focused in the Northeast, will extend Guilds... More