Stonegate Mortgage (SGM) Tops Q1 EPS by 5c
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Stonegate Mortgage Corporation Reports First Quarter 2015 Financial Results
May 6, 2015 4:15 PM EDTINDIANAPOLIS--(BUSINESS WIRE)-- Stonegate Mortgage Corporation ("Stonegate Mortgage" or the "Company") (NYSE: SGM), a specialty finance company focused on providing yield opportunities in the residential mortgage market, today reported results for the quarter ended March 31, 2015. The Company operates as an intermediary between residential mortgage borrowers and the ultimate investors of mortgages through originating, financing, and servicing U.S. residential mortgages.
Jim Cutillo, Chief Executive Officer of Stonegate Mortgage commented, I am pleased with the way our integrated business model performed in the first quarter. The low rate environment resulted in increased servicing... More
