Thrifts and Mortgage Finance
Company Overview of Stonegate Mortgage Corporation
Stonegate Mortgage Corporation, a non-bank mortgage company, focuses on originating, financing, and serving residential mortgage loans in the United States. The company operates through three segments: Originations, Servicing, and Financing. The Originations segment originates and sells residential mortgage loans through correspondent, wholesale, and retail channels. Its products include government mortgage loans, prime conforming mortgage loans, prime non-conforming mortgage loans, and non-agency loans. The Servicing segment performs loan administration, collection, and default activities, including the collection and remittance of loan payments, responding to customer inquiries, accounting...
9190 Priority Way West Drive
Indianapolis, IN 46240
Founded in 2005
Key Executives for Stonegate Mortgage Corporation
Chief Executive Officer, President and Director
Chief Financial Officer and Treasurer
Senior Vice President of CFI
Senior Vice President of Pricing
Senior Vice President of East Division - Third Party Origination
Compensation as of Fiscal Year 2017.
Stonegate Mortgage Corporation Key Developments
Stonegate Mortgage Corporation Files Form 15
Jun 12 17
Stonegate Mortgage Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.01 per share.
Stonegate Mortgage Corporation Announces Management Changes
May 31 17
Stonegate Mortgage Corporation announced that agreement and Plan of Merger among Stonegate Mortgage Corporation, Home Point Financial Corporation and Longhorn Merger Sub Inc., Home Point completed its previously announced acquisition of Stonegate through the merger of Merger Sub with and into Stonegate, with Stonegate as the surviving corporation. James V. Smith, former Chief Executive Officer and President of Stonegate; Carrie Preston, former Chief Financial Officer of Stonegate; R. Douglas Gilmore, former Chief Information Officer of Stonegate; Kelly Henry, former Chief Risk Officer of Stonegate; David L. Dill, former Executive Vice President of Loan Servicing of Stonegate; David Kress, former General Counsel and Secretary of Stonegate; Steve Landes, former Director of National Sales of Stonegate and former President of NattyMac; and John Macke, former Executive Vice President of Capital Markets of Stonegate, resigned from their roles as executive officers of Stonegate effective as of the Effective Time. In addition, effective as of the Effective Time, Mr. Smith, Richard A. Kraemer, Kevin Bhatt, James G. Brown, Sam Levinson, Richard A. Mirro, and J. Scott Mumphrey, constituting all of the members of the board of directors of Stonegate as of immediately prior to the Effective Time, resigned from their roles as directors of Stonegate. At the Effective Time, William Newman, Agha S. Khan, Stephen A. Levey, and Eric L. Rosenzweig became the directors of Stonegate and the following persons were appointed as executive officers of Stonegate: William Newman, as Chief Executive Officer and President; Howard Nathan, as Chief Financial Officer and Treasurer; Matthew Goodman, as Secretary; and Sheryl Johnson, as Chief Legal Officer.
Stonegate Mortgage To file With SEC A Certification And Notice On Form 15 To Terminate Registration Of Shares
May 31 17
On May 31, 2017, pursuant to the Agreement and Plan of Merger (Merger Agreemet), dated as of January 26, 2017, among Stonegate Mortgage Corporation (Stonegate), Home Point Financial Corporation (Home Point) and Longhorn Merger Sub, Inc. (Merger Sub), Home Point completed its previously announced acquisition of Stonegate through the merger of Merger Sub with and into Stonegate, with Stonegate as the surviving corporation (Merger). As a result of the Merger, Stonegate became a wholly owned direct subsidiary of Home Point. Shares of Stonegate Common Stock are registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 (Exchange Act) and are listed on the New York Stock Exchange (NYSE). In connection with the consummation of the Merger, at the Effective Time, each share of Stonegate Common Stock (other than certain excluded shares) was automatically cancelled and converted into the right to receive the Merger Consideration. Shares of Stonegate Common Stock will be suspended from trading on the NYSE effective prior to the opening of trading on June 1, 2017. At Stonegate’s request, the NYSE will file on June 1, 2017 with the SEC a Form 25 on Stonegate’s behalf to commence the process of withdrawing shares of Stonegate Common Stock from listing with the NYSE and terminating the registration of such shares under Section 12(b) of the Exchange Act. Stonegate intends to file with the SEC a certification and notice on Form 15 under the Exchange Act to terminate the registration of the shares of Stonegate Common Stock under the Exchange Act and suspend its reporting obligations with respect to such shares under Section 15(d) of the Exchange Act.
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January 27, 2017