Bayview Acquisition Reshapes Guild Holdings’ Leadership and Strategy
Guild Holdings Company (NYSE: GHLD) completed its all-cash acquisition by Bayview Asset Management at $20 per share, transitioning to a privately held entity under Bayview’s MSR Fund. The deal triggered resignations of seven board members—Terry L. Schmidt, Patrick J. Duffy, Mary Ann McGarry, Gioia Messinger, Martha E. Marcon, Edward Bryant, Jr., and Michael C. Meyer—with the company clarifying no operational disagreements preceded the exits.
Leadership restructuring installed Michael Lau as President and Brian E. Bomstein as Secretary, signaling strategic realignment. Guild’s stock closed at $20.01, up 0.17%, having consistently outperformed the S&P 500 across multiple trailing periods as of November 28, 2025. The merger underscores Bayview’s bet on mortgage servicing rights (MSR) consolidation amid a shifting interest rate environment.