Bayview Asset Management completed the acquisition of Guild Holdings Company from McCarthy Capital for $1.3bn.

Bayview Asset Management, a global alternative investment firm, completed the acquisition of Guild Holdings Company, a growth-oriented mortgage company, from McCarthy Capital, a private equity firm, for $1.3bn. “Joining Bayview’s platform strengthens Guild’s commitment to grow our national brand, and it creates one of the strongest and most compelling mortgage origination and servicing ecosystems in the nation. The Guild leadership team is excited to bring our expertise in distributed retail origination, retained servicing, and the customer-for-life business model to the MSR Fund. This relationship will further enhance our mission to deliver the promise of homeownership in communities across the country while fueling innovation and long-term growth,” Terry Schmidt, Guild CEO.