Home | Sites | Keyword | Reports | Search | Forum | Jobs | Resumes | News | Contact | Account
   
Post Your Information
Job Seekers Application
FREE Job Posting
Register Your Company


  Mortgage Lending

· Mortgage Credit News - July 3, 2008

· Lend America Receives Approval For Ginnie Mae Issu

· HFF arranges $33.34 million recapitalization for I

· Amerisave Mortgage New Comp Plan

· Nationwide Mortgage Licensing System Expands to 14


  Mortgage Software

· LoyaltyExpress Releases CustomerManager(TM) 3.0

· LendingTree Selects LoanXEngine for CRM and Loan P

· DataTrac Expands Open Platform to Include Pricing,

· Cogent Road Launches AVAIL Prequalifying Service S

· ELLIE MAE RELEASES ENCOMPASS VERSION 3.5 OF ITS ST




May 13, 2008 - Guild Mortgage Company

Guild Mortgage Company Acquires Liberty Financial Group and Expands Reach to High Credit-Quality Borrowers

Guild Mortgage Company recently completed the acquisition of Liberty Financial Group, a Bellevue, WA residential mortgage bank. Liberty annually originates close to $1 billion of prime home loans through its network of branches located predominately in Washington and Colorado.

We believe there are substantial opportunities in particular markets to acquire high-quality residential mortgage originators and mortgage servicing portfolios.
Guild Mortgage Company was acquired in 2007 through a partnership formed with the senior management of Guild Mortgage and McCarthy Capital. “McCarthy Capital’s approach combines the stability we were looking for in a partner with the resources we needed for continued growth,” said Mary Ann McGarry, President and CEO of Guild. “Our partnership with McCarthy Capital will help us continue to expand our reputation and reach within the mortgage industry.”

“We are pleased that Mary Ann and her team have been able to act so quickly in the advancement of Guild’s growth strategy with this acquisition of Liberty. Because Mary Ann and her team understand this complex industry they can jump at opportunities that others are not equipped to advance,” said Robert Myers, a Partner at McCarthy Capital Corporation. “We believe there are substantial opportunities in particular markets to acquire high-quality residential mortgage originators and mortgage servicing portfolios.”

About Guild Mortgage Company

Guild Mortgage Company is a 46 year-old, privately owned mortgage banking company focused on originating, servicing and selling residential loan products primarily in California and other western states. www.guildmortgage.com

About McCarthy Capital

McCarthy Capital Corporation is an Omaha-based private equity firm with approximately $1 billion under management. McCarthy Capital is a subsidiary of McCarthy Group, LLC.

Guild Mortgage Company by Matthew Fine, San Diego-California