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Get to know stonegate mortgage corporation (nyse: sgm)

Founded in 2005 and headquartered in Indianapolis, Indiana, Stonegate Mortgage Corporation was a rapidly growing, publicly traded (NYSE: SGM) mortgage company. It operated as a full-service originator, servicer, and securitizer of residential mortgage loans across the United States. The company's business model included retail, wholesale, and correspondent lending channels, offering a diverse portfolio of mortgage products such as FHA, VA, USDA, and conventional loans. In May 2017, Stonegate was acquired by Home Point Financial Corporation for approximately $211 million, after which it was delisted from the NYSE and its operations were integrated into the acquirer.

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stonegate mortgage corporation (nyse: sgm)

United States

Founded in

2005 (21 Years)

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

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From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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