"We've been in the acquisition M&A space for a long time. It's been a way for us to continue to grow in the retail channel, as well as organically. But this came up where, as stewards of our companies, we have to really think about what the world is going to look like in five to 10 years. She added that the new ownership provides a lot more value and a lot more horsepower."
"He emphasized that larger companies with greater capital can better deploy new technologies, thus improving scalability and efficiency for both lenders and borrowers. Woodring also said that in an industry resistant to scale, artificial intelligence can help with consolidation and horsepower. AI is 80% hype, 20% reality, but the promise is real, he said. There's an opportunity for automation, and thus to create that kind of virtuous cycle, [which is] better for the lender or servicer."
"Hedlund said that it's critical for the industry to get AI use correct, compliant and accurate. Implementing any technology is a difficult decision. It's time-consuming, and you're locked into it, he said. The best approach is to be thoughtful about its purpose."
Consolidation is reshaping the mortgage industry as firms pursue mergers and acquisitions to secure capital, expand retail channels, and prepare for the next five to ten years. Guild Mortgage accepted acquisition by a Bayview Asset Management fund to gain greater capital, operational horsepower, and long-term growth capacity. Larger lenders can deploy technologies at scale, improving scalability and efficiency for lenders, servicers, partners, and customers. Artificial intelligence offers automation opportunities but remains largely hype; the practical promise can create virtuous cycles. Technology implementation requires careful, compliant, and purpose-driven decisions because deployments are time-consuming and often lock organizations into chosen solutions.
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