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.

Employee terminations March 9

Employee terminations March 9
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.

Private equity funds Brad Finkelstein December 15, 2017

Private equity funds Brad Finkelstein December 15, 2017