Guild Holdings Co
guildmortgage.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2025 10-Q, filed Nov 6, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Feb 12, 2026.
10-Q for Q3 FY2025, filed Nov 6, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Originates residential mortgages for home buyers and people refinancing, and services loans for borrowers.
10-K for FY2024, filed Mar 7, 2025Our retail channel, which made up approximately 96% of our origination segment in 2024, focuses on serving our clients and referral…View ↗
As of December 31, 2024, we serviced approximately 370,000 loans with an aggregate unpaid principal balance (“UPB”) of approximately $93.0…View ↗
Additionally, as the owner of the MSR, we generally have the right to solicit our clients for subsequent refinance and purchase…View ↗
How Did They Make Money?
Borrowers pay fees as Guild originates mortgages; Guild also earns a gain when it sells loans to investors, typically within 30 days of origination. For servicing, Guild earns a per-loan fee each month as borrowers make payments.
10-K for FY2024, filed Mar 7, 2025Our retail channel, which made up approximately 96% of our origination segment in 2024, focuses on serving our clients and referral…View ↗
Gain (loss) on sale of loans — Net proceeds from the difference between the quoted loan price committed to the client and the price…View ↗
Our servicing segment is based out of our servicing center in San Diego, California, and we are a licensed mortgage servicer in 49 states…View ↗
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10-K for FY2024, filed Mar 7, 2025
FY2024 revenue by reportable segment ↗
$1B
-
10-K for FY2024, filed Mar 8, 2025
$1B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Origination
Sold outright
10-K for FY2024, filed Mar 7, 2025 |
74%
FY2021: 94%
|
Origination, FY2024
$780.5M Sources
|
Sold outright |
|
Servicing
Recurring
10-K for FY2024, filed Mar 7, 2025 |
27%
FY2021: 6.2%
|
Servicing, FY2024
$287.1M Sources
|
Recurring |
Who Were Their Customers?
Borrowers work with Guild loan officers through its retail channel; small community banks and credit unions sell closed loans through its correspondent channel, and independent mortgage brokers bring borrowers through its wholesale channel.
10-K for FY2024, filed Mar 7, 2025Our success in the retail market is tied to the expertise of our loan officers and the strength of our referral partner network. We have…View ↗
We have an active correspondent channel that purchases closed loans primarily from small community banks and credit unions. We are able to…View ↗
We have a wholesale channel where we build relationships with independent mortgage brokerages to originate mortgage loans, primarily…View ↗
Did Revenues Turn Into Profits?
Yes. It kept 9 cents of every revenue dollar as net income in FY2024, but spent more cash than it brought in: free cash flow was −$669M.
How Were They Changing?
- Net income
-
Sources
10-Q for Q3 FY2025, filed Nov 7, 2025
$33.3MView ↗
- ▲ Now profitable
- vs −$66.9M in Q3 FY2024
10-Q for Q3 FY2025, filed Nov 6, 2025
Open tableView ↗
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Nov 28, 2025
Bayview completed its acquisition of Guild
Guild became a privately held subsidiary, and its shares ceased trading on the NYSE.
Sources
8-K, filed Nov 28, 2025
SAN DIEGO and CORAL GABLES. November 28, 2025 – Guild Holdings Company (NYSE: GHLD) (“GHLD”), Guild Mortgage Company (“Guild”) and Bayview…View ↗
Shrank. Revenue fell 35% in 4 years, from $1.6B in FY2020 to $1B in FY2024, about 10% a year.
Added a wholesale channel
The latest report describes Guild's wholesale channel, where independent mortgage brokers maintain the borrower relationship while Guild underwrites loans before funding; the older report describes retail and correspondent origination channels.
10-K for FY2021, filed Mar 14, 2022 10-K for FY2024, filed Mar 7, 2025We have a wholesale channel where we build relationships with independent mortgage brokerages to originate mortgage loans, primarily…View ↗
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