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Academy Mortgage, a prominent mortgage originator, is set to make the transition to Guild Mortgage, marking Guild’s sixth major acquisition in three years.
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Over 1,000 employees from Academy Mortgage will move to Guild, including more than 600 originators, injecting a strong influx of talent into Guild’s team.
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Guild Mortgage, known for its strategic and aggressive expansion, further solidifies its firm market presence throughout this significant acquisition.
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Despite the uncertainties in the housing market due to ongoing global events, Guild has seized the opportunity to bolster its capabilities and reach, staying at the forefront of the competitive mortgage industry.
Hot Take
In a world where the only constant seems to be change, Guild Mortgage is busy laying down some serious “Real Estate Relationship” tracks. They are like the DJ Khaled of the mortgage world, calling in a star-studded line-up from Academy Mortgage. And what’s their strategy? “Another one!” – a reference not just to DJ Khaled’s repetitive mantra but also to Guild’s insatiable hunger for growth through acquisitions. With the market acting like a wild bronco, Guild has decided to saddle up for the ride, roping in over 1,000 new hombres and chicas from Academy Mortgage.
So while the rest of us are deciding between whether to hide under the bed or invest in gold bullion, Guild Mortgage has clearly decided that the best defense is a good offense. With their sixth acquisition in three years, they’ve played quite the game of monopoly. But remember, in this game, it’s not just about collecting properties; it’s also about managing them efficiently and innovatively. So, here’s to hoping Guild has a Hotel on Boardwalk in their strategy and isn’t just stuck with a house on Baltic Avenue.
As for Academy’s employees? Well, they might be feeling like they’ve hopped off the Titanic and onto the Guild Mortgage lifeboat – just with fewer icebergs and more paperwork. But hey, change isn’t always a bad thing. After all, without change, there’d be no butterflies, right?
Original article: https://www.inman.com/2024/02/13/guild-mortgage-set-to-acquire-rebrand-academy-mortgage/
