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Hours Before Its IPO Fizzled, Guild Mortgage Agreed to Pay $25M to Settle Federal Lawsuit

October 25, 2020

HousingWire, Oct. 23, 2020–James Kleimann
Just before its stock debuted at a disappointing $15 a share, Guild Mortgage settled a federal lawsuit that claimed the lender knowingly breached legal requirements when it originated and underwrote FHA loans.
https://www.housingwire.com/articles/hours-before-its-ipo-fizzled-guild-mortgage-agreed-to-pay-25m-to-settle-federal-lawsuit/

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