公会控股有限公司2025年季度报告

GUILD HOLDINGS COMPANY Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or15(d)of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that theregistrant was required to file such reports), and (2)has been subject to such filing requirements for the past Indicate by check mark whether the registrant has submitted electronically every Interactive Data File requiredto be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months(or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-acceleratedfiler, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Guild Holdings Company, a Delaware corporation, together with its subsidiaries, is referred to in this QuarterlyReport on Form 10-Q (this “Quarterly Report”) as “Guild,” “we,” “us,” “our,” and the “Company.” This Quarterly Reportcontains forward-looking statements that reflect our current views with respect to, among other things, future eventsand our financial performance. These statements are often, but not always, made through the use of words or phrasessuch as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,”“anticipate,” “seek,” “estimate,” “intend,” “plan,” “projection,” “would” and “outlook,” or the negative version of thosewords or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements Important factors that could cause our actual results to differ materially from those expressed or implied bythese forward-looking statements include, but are not limited to, the following: •A disruption in the secondary home loan market or our ability to sell the loans that we originate could have adetrimental effect on our business.•Macroeconomic and U.S. residential real estate market conditions have and may continue to materially andadversely affect our revenue and results of operations.•Because we are highly dependent on certain U.S. government-sponsored entities and government agencies,we may be adversely impacted by any organizational or pricing changes or changes in our relationship withthese entities and agencies.•Changes in prevailing interest rates or U.S. monetary policies have had and may continue to have adetrimental effect on our business.•Our servicing rights are subject to termination with or without cause.•If a significant number of our warehouse lines of credit, on which we are highly dependent, are terminated orreduced, we may be unable to find replacement financing on favorable terms, or at all, which would have amaterial adverse effect on us. •Our existing and any future indebtedness could adversely affect our ability to operate our business, ourfinancial condition or the results of our operations. •If we do not maintain and improve the technology infrastructure that supports our origination and servicingplatform or if we suffer any significant disruption in service on our platform, our ability to serve our clientsmay be materially and adversely impacted. •Acquisitions and investments have in the past, and may in the future, cause our financial results to differ fromour expectations or the expectations of the investment community and we may not be able to achieveanticipated benefits from such acquisitions and investments. •Pressure from existing and new competitors may adversely affect our business, operating results, financialcondition and prospects. •We are required to make servicing advances that can be subject to delays in recovery or may not berecoverable in certain circumstances. •A substantial portion of our assets are measured at fair value. From time to time our estimates of their valueprove to be inaccurate and we are required to write them down. •The success and growth of our business will depend upon our ability to adapt to and implement technologicalchanges and to develop and market attractive products and services. •Adverse events to our clients could occur, which can result in substantial losses that could adversely affect ourfinancial condition. •The geographic concentration of our loan originations may adversely affect our lending business, which wouldadversely affect our financial condition and results of operations. •Our business could be materially and adversely affected by a cybersecurity breach or other vulnerabilityi