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Guild mortgage Exhibit 99.1 GUILD HOLDINGS COMPANY REPORTS FIRST QUARTER 2021 RESULTS - Generated Originations of $ 9.8 Billion , Representing Year - Over - Year Growth of 70 % - - Net Revenue Increased 209 % Year - Over - Year to $ 526 Million - - Net Income of $ 161 Million Compared to a Loss of $ 13 Million in the First Quarter of 2020 - - Adjusted Net Income Increased 84 % Year - Over - Year to $ 106 Million - - Declares Special Cash Dividend of $ 1.00 Per Share - - Company Signs Agreement to Strategically Expand to Northeast with the Acquisition of Residential Mortgage Services , Inc. , Subsequent to Quarter End - - SAN DIEGO , California May 11 , 2021 – Guild Holdings Company ( NYSE : GHLD ) ( “ Guild " or the " Company " ) , a growth - oriented mortgage company that employs a relationship - based loan sourcing strategy to execute on its mission of delivering the promise of homeownership , today announced results for the first quarter ended March 31 , 2021 . First Quarter 2021 Year - Over - Year Highlights Purchase originations represented $ 3.6 billion , or 37 % of overall loan volume • Grew net income to $ 160.6 million compared to a loss of $ 13.0 million . • Adjusted EBITDA increased to $ 144.3 million from $ 82.0 million " I am pleased to report another quarter of strong financial performance , with 70 % year - over - year growth in funded origination volumes and meaningful growth in net revenue . We believe our results reinforce our differentiated business model focused on purchase lending , which has generated more consistent origination volumes and higher returns across interest rate cycles , " stated Mary Ann McGarry , Chief Executive Officer . " Looking ahead , we remain well - positioned to grow given our focus on purchase loans in the retail channel , an expanding geographic footprint , and our scale - enabled servicing platform . While rising interest rates , slowing refinancing activity , low supply of homes , and contracting margins will impact Guild and the entire mortgage industry , we will continue to focus on creating shareholder value across all cycles and extending our history of profitable growth . " Other Highlights Subsequent to Quarter End • • The Board of Directors of Guild declared a special cash dividend of $ 1.00 per share on its Class A and Class B common stock . The $ 1.00 per share dividend will be paid on or about May 28 , 2021 to stockholders of record on May 21 , 2021 . On May 11 , 2021 , the Company announced an agreement to acquire Residential Mortgage Services , Inc. ( " RMS " ) , a high growth retail originator focused in the Northeast . Given RMS ' focus on the retail and purchase market , it is highly complementary to Guild . The acquisition is expected to close in the third quarter of 2021 and be accretive to earnings in 2021 . First Quarter Results : • • Originated 37 % of closed loan origination volume from purchase business , compared to the Mortgage Bankers Association average of 29 % Grew gain on sale margins on originations by 9 % year - over - year to 457 bps Gain on sale margins on pull - through adjusted locked volume grew 61 % year - over - year to 480 bps Held refinance recapture to 69 %