Stonegate Mortgage Corporation (NYSE:SGM) Files An 8-K Results of Operations and Financial Condition

0

Stonegate Mortgage Corporation (NYSE:SGM) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition

The news release of Stonegate Mortgage Corporation (the “Registrant”), dated March 9, 2017, announcing its fourth quarter and annual 2016 financial results is attached hereto as Exhibit 99.1. The information contained under Item 2.02 in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and, as a result, such information shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits
(a) – (c) Not applicable.
(d) Exhibits:
99.1 Text of press release by the Registrant dated March 9, 2017.

About Stonegate Mortgage Corporation (NYSE:SGM)

Stonegate Mortgage Corporation is a non-bank mortgage company. The Company is focused on originating, financing and servicing the United States residential mortgage loans. The Company’s segments include Originations, Servicing, Financing and Other. The Originations segment primarily originates and sells residential mortgage loans, which conform to the underwriting guidelines of the government sponsored enterprises and government agencies, and non-agency whole loan investors. The Servicing segment includes loan administration, collection and default activities, including the collection and remittance of loan payments, responding to customer inquiries, collection of principal and interest payments, holding custodial funds for the payment of property taxes and insurance premiums, counseling delinquent mortgagors and modifying loans. The Financing segment includes warehouse-lending activities to correspondent customers by the Company’s subsidiary, NattyMac, LLC.

Stonegate Mortgage Corporation (NYSE:SGM) Recent Trading Information

Stonegate Mortgage Corporation (NYSE:SGM) closed its last trading session up +0.01 at 7.87 with 40,910 shares trading hands.