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.