Guild Holdings acquires First Centennial Mortgage

Guild Mortgage has acquired First Centennial Mortgage, a privately held residential mortgage lender. “We continue to effectively execute our strategy to grow and gain market share through acquisitions where there exists a strong cultural match and the potential for value is present for both parties,” said Terry Schmidt, CEO of Guild. “In today’s market, good companies are coming together to do great things where the whole is stronger than the sum of its parts. First Centennial has high-performing local teams with a history of steady growth, and the Guild platform should allow them to accelerate growth and supercharge the good work they are already doing.”