FBR Capital Upgrades Stonegate Mortgage (SGM) to Outperform

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Go back to FBR Capital Upgrades Stonegate Mortgage (SGM) to Outperform

Compass Point Reiterates Buy on Stonegate Mortgage (SGM) Following Announced CEO Resignation

September 1, 2015 9:48 AM EDT

Compass Point reiterated a Buy rating and $11.00 price target on Stonegate Mortgage (NYSE: SGM) following the company's announcement that Jim Cutillo, the founder and CEO, would be resigning from the company effective September 10.

Analyst Kevin Barker commented, "Stonegate Mortgage (SGM) announced Jim Cutillo, the founder and CEO, would be resigning from the company effective September 10. Richard Kraemer,... More

Stonegate Mortgage (SGM) CEO Cutillo Resigns

August 31, 2015 8:31 AM EDT

Stonegate Mortgage (NYSE: SGM) announced that Richard A. Kraemer, has been named Interim CEO of the company. Mr. Kraemer is replacing Jim Cutillo, who has resigned from the company effective September 10, 2015. Mr. Cutillo will be assisting Stonegate as a consultant to facilitate his transition from the company over the next six months. Mr. Kraemer will retain his position as Chairman of the Board.

With over 35 years of experience in financial services and mortgage banking, Mr. Kraemer will be overseeing the day-to-day management of the company until the search for a permanent CEO with the... More

Stonegate Mortgage (SGM) Halted on Circuit Breaker

August 27, 2015 9:36 AM EDT

Stonegate Mortgage (NYSE: SGM) Halted on Circuit Breaker

... More