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Guild acquires small retail lender Legacy Mortgage

Housing Wire

Legacy, headquartered in Albuquerque, New Mexico, was founded in 2002 and purchased by its CEO Jack Thompson in 2006. The lender originated approximately $309 million in mortgages in 2022, according to data from mortgage technology platform Modex. The acquisition is Guild’s second pickup in the last three months.

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Exclusive: CrossCountry Mortgage CEO Ron Leonhardt talks AmCap acquisition, future targets

Housing Wire

In December, the National Multistate Licensing System (NMLS) showed that AmCap had more than 400 sponsored loan officers while CCM had over 4,000. billion in loans in 2023. AmCap, founded in 2002, is a much smaller lender. Terms of the acquisition, including financial information, were not disclosed.

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