CEO Terry Schmidt spoke at MBA's IMB26 Conference in February 2026 about the November 2025 Bayview acquisition, emphasizing Guild will operate as standalone lender and retain workforce. Guild originated $5B in Q1 2025 and now has access to Bayview's $770B servicing portfolio for lead generation. Schmidt noted the deal was driven by growth opportunities rather than cost savings.
Guild Mortgage announced in January 2026 it selected LoanLogics' LoanBeam NQM platform to automate borrower income analysis for its expanding Non-QM loan segment. VP of Product Strategy Erin Watts stated the move supports offering more opportunity to creditworthy borrowers who may not qualify for conventional mortgages.
Fairway Independent Mortgage Corp. entered the home insurance market in February 2026, offering products at origination through new partnership with The Baldwin Group. The move creates 'Fairway Home Insurance Agency' and positions Fairway as fifth leading independent mortgage bank to add Baldwin partnership, following Rate and others building lifelong customer relationship platforms.
PrimeLending has 10 active LO job postings from the last 14 days across CA (Redding, Westlake Village), AZ (Scottsdale), FL (Fort Walton Beach), MO (Camdenton), KY (Lexington), and TX (Allen). Total job count: 316 openings. Anticipated LO growth: 38%. This is a major hiring surge.
A federal judge granted conditional approval in February 2026 to certify a class for a wage lawsuit against E Mortgage Capital. Hundreds of employees, including loan officers, can now opt-in to the complaint accusing the company of failing to pay overtime. The brokerage operates in 47 states with approximately 600 loan agents.
Washington State regulators resolved charges against Luminate Home Loans in early April 2026, issuing a $100,000 fine after the lender admitted to unlicensed origination activity, insufficient surety bond levels, and disclosure violations. Former loan officer Joel Sarysz, who had lost his license, helped borrowers obtain loans while unlicensed.