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Thomas Lee Partners
Guaranteed Rate lays off about 180 employees, 30 in Chicago
Chicago-based mortgage lender Guaranteed Rate has laid off about 180 employees around the country — including about 30 in Chicago — after the amount of new mortgage loans the company funded dipped in 2017.
Guaranteed Rate sells ownership stake to Thomas H. Lee
Guaranteed Rate Inc. is the latest mortgage industry investment for Boston-based private equity firm Thomas H. Lee Partners LP.