LAKE FOREST, Calif.--(BUSINESS WIRE)--Stonegate Mortgage and Stonegate Direct, a new division of Stonegate Mortgage Corporation (NYSE:SGM), announced today that they will create more than 175 jobs in Orange County, expanding the job market in Southern California with a growth plan that includes hiring of mortgage professionals, call center and customer service representatives.
Stonegate Direct, a division led by Tim Elkins, Executive Vice President, was formed through the integration of call center operations of Crossline Capital. New members of the Stonegate Direct team will assist in enhancing and simplifying the customer experience and home loan application process for qualified customers by providing quick, secure online access for homebuyers and those looking to refinance.
“We are excited to announce that the creation of Stonegate Direct will result in new job opportunities in Orange County. Expanding the job market is vital to a successful economy, and Stonegate Mortgage is excited to contribute to that effort in this part of Southern California,” said Jim Cutillo, Founder and CEO of Stonegate Mortgage.
Stonegate Direct is a division of Stonegate Mortgage Corporation (NYSE:SGM), a leading, publicly-traded mortgage company that originates, finances and services agency and non-agency residential mortgages. This new division will streamline the mortgage process by providing consumers with direct access to mortgage advisors for 24 hour, seven day a week, access to the company’s mortgage products and services.
“Stonegate Direct is an important part of Stonegate Mortgage’s approach to lending,” said Lisa Rogers, Executive Vice President of Loan Origination for Stonegate Mortgage. “Our Stonegate Direct business is about providing customers with access to mortgage products in an easy and timely way. We are taking a customer-focused approach that will distinguish Stonegate Mortgage from competitors and drive originations as we continue to grow in 2014 and beyond.”
About Stonegate Mortgage Corporation
Founded in 2005, Stonegate Mortgage Corporation (NYSE:SGM) is a leading, publicly-traded mortgage company that originates, finances and services agency and non-agency residential mortgages through its network of retail offices and approved third party originators. Stonegate Mortgage also provides financing through its fully integrated warehouse lending platform, NattyMac. Stonegate Mortgage's operational excellence, financial strength, dedication to customer service and commitment to technology has positioned the firm as a leading provider in the emerging housing finance market.
For more information on Stonegate Mortgage Corporation, please visit www.stonegatemtg.com.
Various statements contained in this press release, including those that express a belief, expectation or intention, as well as those that are not statements of historical fact, are forward-looking statements. These forward-looking statements may include projections and estimates concerning the timing and success of specific projects and our future production, revenues, income and capital spending. Our forward- looking statements are generally accompanied by words such as “estimate,” “project,” “predict,” “believe,” “expect,” “intend,” “anticipate,” “potential,” “plan,” “goal” or other words that convey the uncertainty of future events or outcomes. The forward-looking statements in this press release speak only as of the date of this press release; we disclaim any obligation to update these statements unless required by law, and we caution you not to rely on them unduly. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. These and other important factors, including those discussed in the “Risk Factors” section within our 2013 Annual Report on Form 10-K filed on March 14, 2014, may cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.
