AcquisitionGuild announced it has agreed to be acquired by Bayview Asset Management for $20/share, representing a 27% premium to GHLD's tangible book value.
Recapture RateGHLD has historically led the industry with a strong recapture rate, including an overall recapture rate of 30%, despite slow market turnover.
Strategic PartnershipGuild will operate as a privately held independent company, partnering with Lakeview Loan Servicing, Bayview's affiliate mortgage servicer.