Press release content from Business Wire. The AP news staff was not involved in its creation.
Guild Holdings Company Strategically Expands Into Northeast With Acquisition of Residential Mortgage Services Holdings
May 11, 2021 GMT
SAN DIEGO--(BUSINESS WIRE)--May 11, 2021--
Guild Holdings Company (“Guild” or the “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.