General World News

Tensions rise between CrossCountry and Guild

HW+ lawsuit

CrossCountry Mortgage is suing Guild Mortgage for poaching a former Las Vegas branch manager and allegedly convincing her to steal proprietary information, the latest escalation in a brewing legal battle between the retail mortgage lenders.

CrossCountry alleges that San Diego-based Guild Mortgage offered Mirajoy Casimiro, former branch manager and loan originator at CrossCountry, a lucrative employment package and persuaded her to take “massive amounts” of confidential business and client information in the period spanning between mid- 2020 and January 2021.

The lawsuit also claims that Guild convinced Casimiro to divert loans in process to be closed.

The accusations details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com