Investors cheer as Guild grows Q1 mortgage originations by 35%
Shares in Guild Holdings gain 10 percent as investors recognize $23.9 million net loss for the quarter was driven by a $70 million writedown in the fair value of Guild's mortgage servicing rights portfolio.
Shares in Guild Holdings gain 10 percent as investors recognize $23.9 million net loss for the quarter was driven by a $70 million writedown in the fair value of Guild's mortgage servicing rights portfolio.
