SOURCE: Stonegate Mortgage Corporation, Inc.

Stonegate Mortgage Corporation, Inc.

March 01, 2016 10:04 ET

Stonegate Mortgage Appoints Michael Giampaolo as Executive Vice President, Stonegate Direct

INDIANAPOLIS, IN--(Marketwired - March 01, 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 Michael Giampaolo's appointment as EVP, Stonegate Direct.

"Stonegate Direct's mission is to deliver a simple mortgage solution for those consumers looking to purchase or refinance a home and complete their mortgage application online," said Mr. Giampaolo. "Launched in October of 2014 as a division of Stonegate Mortgage, our focus is to streamline the mortgage process by providing direct-to-consumer offerings, including access to mortgage advisors, products and services 24/7 across the country."

Mr. Giampaolo joins Stonegate Direct from IMPAC Mortgage Company, where he served as Vice President, Consumer Direct Lending, and was responsible for managing the direct-to-consumer retail call center business nationwide. Prior to that, he has held positions as SVP of Retail Sales at Mission Hills Mortgage, SVP of Retail & Wholesale Lending at Financial Freedom, SVP of Wholesale Lending at IndyMac Bank and EVP of Wholesale Lending at Washington Mutual Bank.

Commenting on Mr. Giampaolo, Jim Smith, Stonegate Mortgage President and COO, said, "We are extremely pleased to have Michael join Stonegate Direct and lead our efforts to grow the direct-to-consumer business. His extensive mortgage industry background, reputation for leading high performing business units and strong execution skills make him a perfect fit to continue building our platform. I look forward to working closely with him and his future contributions to Stonegate Direct."

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