San Diego, California-headquartered lender Guild Mortgage is staying true to its words of having an appetite for acquisitions.
The company announced on Thursday it has acquired the Wisconsin-based lender Inlanta Mortgage to increase its purchase loans portfolio and its market penetration in the MidWest. The financial terms of the acquisition were not disclosed.
Mary Ann McGarry, Guild’s CEO, said that the company, patient in closing a deal, has been in conversations to acquire Inlanta Mortgage for about a year.
What attracted Guild to the negotiation table is that Inlanta “is a great company, purchased-focused and aligned with Guild’s culture,” McGarry said during a details ⇒
BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com