Guild Holdings (GHLD) has released an update.
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Guild Holdings Company announced its plan to acquire retail lending assets of Academy Mortgage Corporation, a notable mortgage lender in the U.S. The transaction is expected to be completed in the first quarter of 2024, signaling an expansion of Guild Holdings’ market presence and services in the financial sector. This strategic move could interest stakeholders and market watchers following company growth and asset consolidation trends.
For further insights into GHLD stock, check out TipRanks’ Stock Analysis page.