SOURCE: Stonegate Mortgage Corporation, Inc.

Stonegate Mortgage Corporation, Inc.

January 27, 2016 09:00 ET

Stonegate Mortgage Appoints David Dill and Kelly Henry to Executive Team

INDIANAPOLIS, IN--(Marketwired - January 27, 2016) - Stonegate Mortgage Corporation (NYSE: SGM), a leading publicly traded mortgage company focused on originating, financing and servicing U.S. residential mortgage loans, today announced that David Dill has been named Executive Vice President, Loan Servicing, and that Kelly Henry has been named Chief Risk Officer.

As EVP, Loan Servicing, David Dill will be responsible for leading the entire servicing business unit at Stonegate Mortgage. He will report to President and Chief Operating Officer, Jim Smith. Prior to joining Stonegate Mortgage in October, Mr. Dill served as Chief Operating Officer for Supreme Lending, where he provided daily oversight of the organization at the executive level. He brings nearly 20 years of experience in the mortgage industry to this role.

Commenting on his new role, Mr. Dill noted, "I am pleased to be a member of the Stonegate Mortgage team and look forward to applying my experience in loan servicing and management in order to further establish Stonegate Mortgage as a leader in the mortgage industry."

As Chief Risk Officer, Kelly Henry will continue to lead and manage the company's risk functions. She will also provide executive direction for the implementation and execution of operational risk and quality control functions at Stonegate Mortgage. Ms. Henry originally joined the Stonegate Mortgage team in February 2014 as Senior Vice President, Credit Administration. Prior to this, she served as Senior Vice President, Director of Mortgage Underwriting Operations at Flagstar Bank, and as Assistant Vice President, Government Loan Operations, for CitiMortgage.

Ms. Henry stated, "I am pleased to take on the role of Chief Risk Officer. During my two years at Stonegate Mortgage, I have developed tremendous respect for the team and for the company's commitment to risk functions and quality control, and look forward to continuing the success we have experienced in these areas." Ms. Henry will continue to report to General Counsel Mike McElroy.

"Both Kelly and David are excellent additions to our senior leadership team," said Jim Smith, President and Chief Operating Officer. "I look forward to the contributions both of these highly talented executives will deliver as we continue to drive higher efficiency and industry-leading quality throughout the entire organization."

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 have positioned the firm as a leading provider in the housing finance market.

For more information on Stonegate Mortgage Corporation, please visit www.stonegatemtg.com.

Forward Looking Statements

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 2014 Annual Report on Form 10-K filed on March 6, 2015 and any revisions to those Risk Factors in subsequent filings, 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.

Contact Information

  • Media Contact:
    Sloane & Company (on behalf of Stonegate Mortgage Corporation)
    Whit Clay
    212-446-1864
    Email contact

    or

    Investor Contact:
    Stonegate Mortgage Corporation
    Michael McFadden
    317-663-5904
    Email contact