“Expanding the Guild relationship with Lakeview creates one of the strongest and most compelling mortgage origination and servicing ecosystems in the nation,” Guild Mortgage CEO Terry Schmidt said in a Press release. “Our expertise in distributed retail origination, retained servicing, and the customer-for-life balanced business model makes this a complementary partnership that has powerful potential for growth and innovation.”
Guild’s board also plans to issue a special dividend of up to $0.25 per share ahead of the transaction’s completion. If the merger is delayed into 2026, shareholders could receive quarterly dividends of the same amount through closing. These payouts will not impact the $20-per-share sale price.
The transaction is expected to close in Q4 2025, subject to customary conditions and is not contingent on financing. Morgan Stanley served as financial advisor to Guild, while Goldman Sachs advised Bayview.
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