Guild Mortgage CEO Terry Schmidt said during a third-quarter earnings call on Wednesday that Guild’s reverse mortgage division continues to contribute to companywide strategies, and that additional interest in reverse has been observed.

Guild’s current reverse lending division, built off its 2023 acquisition of Cherry Creek Mortgage, has expanded its reverse mortgage activities this year. The California-based lender recently introduced a revised branding effort, the “Flex Payment Mortgage“ suite, that is designed to broaden the appeal of its reverse offerings to details ⇒

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