California-based lender Guild Mortgage posted a higher profit in 2022 thanks to its increased purchase mortgage market share - and now has its eyes set on acquiring other lenders.Guild, the purchase-focused lender with a distributed retail model, posted a net income of $328 million in 2022 despite posting a loss of $15 million in the fourth quarter of the year.
#significantly #approximately #differences #fourth-quarter #acquisition #interest-rates #previous-years #profitability #cost-savings
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