Real Estate & Home

Guild's Jim Cory on Bayview deal and reverse mortgage trends

Ali Nemati7 hours ago25 sec read3 views0 listens

Bayview Asset Management's acquisition of Guild Mortgage is proceeding smoothly, with Bayview allowing Guild to maintain its operational independence and management structure. This deal highlights the growing trend in reverse mortgage lending, characterized by product innovation and increased participation from major independent mortgage banks, signaling a positive outlook for the sector despite concerns over traditional HECM program growth.

Read the full article at HousingWire

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