Guaranteed Rate Continues To Grow As Big Banks Cut Back
By: Nicole Gates
In a recent article, Reuters discussed how smaller lenders are thriving in the current market when many of the big banks are struggling, prominently featuring Guaranteed Rate. “Guaranteed Rate is one of scores of independent mortgage lenders and community banks pushing up through the rubble of the housing collapse,” states the article. “They are winning business from banks such as Citigroup Inc. or Bank of America Corp that have retrenched after the financial crisis.”
Quoted in the article is our CEO Victor Ciardelli, who talks about our major growth in the last two years. And with more than 140 offices in the U.S. and now recognized as one of the 20 biggest U.S. mortgage lenders, it certainly doesn’t seem to be slowing down.
Read the entire Reuters article here.