Guild Holdings Company - GHLD STOCK NEWS

Guild Holdings Company (NYSE: GHLD) will release Q2 2023 results on August 3, 2023. A webcast and conference call will be held to discuss the financial results.

Guild Mortgage appoints Lamont Watson as the company's first vice president of diverse talent development. Watson will spearhead initiatives to recruit, develop, and empower a diverse workforce and foster an inclusive environment. He brings 11 years of experience with Guild Mortgage and has helped over 2,500 families achieve homeownership. Watson's focus will be on building relationships with internal stakeholders and external diversity-focused organizations.

The Guild Giving Foundation, established by Guild Mortgage, hosted its fourth annual Charity Golf Tournament on October 6, 2022, raising $380,000 for local charities in San Diego. Funds were allocated to organizations like MyPath2Own Dedicated to Lisa Klika, Urban Corps of San Diego County, and Home Start. A total of $1.3 million has been raised over four events, highlighting community involvement and support. The new MyPath2Own initiative, honoring the late Lisa Klika, aims to help potential borrowers become mortgage-ready. Notable sponsors included Wells Fargo and Bank of America. Guild Mortgage aims to enhance homeownership opportunities while emphasizing community engagement.

Guild Holdings Company (NYSE: GHLD) has announced that it will release its financial results for the first quarter ended March 31, 2023 after market close on May 8, 2023. A conference call will be held at 5:00 p.m. EDT on the same day to discuss the results. Investors can access the call via the Guild Holdings Investor Relations website or dial in using the provided numbers for domestic and international access. A replay will be available until May 22, 2023. Established in 1960, Guild is a growth-oriented mortgage company focused on relationship-based loan sourcing, operating in 49 states and the District of Columbia.

Guild Mortgage has expanded its operations by establishing a new district in California, which includes a team of 40 employees and eight branch offices. This new district is expected to generate over $350 million in annual production. John Lowe has been appointed as the district manager, overseeing a team of area managers, branch managers, and loan officers. In 2022, Guild recorded $1.9 billion in loan originations in California. This expansion is described as a significant move, comparable to a mini acquisition, highlighting the team's reputation and loyalty. Guild now boasts around 4,000 employees and 300 branches across 49 states, providing a comprehensive range of mortgage products, including VA loans and government-backed programs.