David Neylan, president and chief operating officer at retail lender Guild Mortgage, expects the landscape to remain challenging for mortgage companies in 2025. But Neylan plans to capitalize on these challenges.

“I know there’s some forecasts for rates to drop, but it’s not as much as everybody had been hoping or anticipating. And this ‘higher-for-longer’ trend is going to cause continued pressure on profitability, particularly for companies that lack scale and size,” Neylan said. 

Guild posted $6.9 billion in origination volume in the third quarter of 2024, when it reported profitability in its origination segment details ⇒

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