Theresa Cherry Now Regional Manager At Guild Mortgage

Posted by Patrick Barnard on May 09, 2016 No Comments
Categories : Residential Mortgage

Theresa Cherry, senior vice president and partner at Guild Mortgage, has been named the new regional manager for the California coastal region.

Cherry has more than three decades of mortgage industry experience. She began her career with Guild in 1989 in the loan servicing department. In 1997, she was promoted to vice president while serving as the default manager in the company’s foreclosure department. She later returned to production management within Guild’s direct lending division and in 2001 joined Guild’s corporate loan production department, where she assumed responsibilities in recruiting and managing branches. In early 2008, Cherry became a partner in Guild’s ownership structure.

Additionally, she has helped guide the company’s design of Web-accessible systems based on her extensive experience as both a loan officer and in working with Guild’s branch managers.

The company’s California coastal region consists of 21 base branches, 24 satellite locations and 177 loan originators. It accounted for nearly $2 billion in loan originations in 2015 – up 56% from $1.27 billion in 2014, the firm reports.

In addition to her new duties as regional manager, Cherry will continue to be a key member of the Guild production management team and build communications with regional, district and branch managers throughout the company.

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