Exhibit 21.1

Subsidiaries of the Registrant

The registrant has the following subsidiaries:

Name of Subsidiary                    State of Organization

Guild Mortgage Company LLC                California

Guild Financial Express, Inc.                California

Guild Administration Corp.                California

Guild Mortgage Co SPE W40, LLC            Delaware

Mission Village Insurance Agency            California

Residential Mortgage Services Holdings, Inc.        Delaware

Residential Mortgage Services, Inc.            Maine

Blue Granite Mortgage, LLC                Delaware