Stonegate Mortgage

Stonegate Mortgage Corporation is a mortgage company focused on originating, financing and servicing U.S. residential mortgage loans. The Company also provides financing through its fully integrated warehouse lending platform, NattyMac. Stonegate Mortgage Corporation was acquired by Home Point Financial. 

Type
Subsidiary
HQ
Indianapolis, US
Founded
2005
Stonegate Mortgage was founded in 2005 and is headquartered in Indianapolis, US

Stonegate Mortgage Office Locations

Stonegate Mortgage has an office in Indianapolis
Indianapolis, US (HQ)
300 9190 Priority Way W Dr

Stonegate Mortgage Financials and Metrics

Stonegate Mortgage Summary

Founding Date

2005

Stonegate Mortgage Financials

Stonegate Mortgage's revenue was reported to be $32.6 m in Q1, 2017
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

157.9 m185.6 m182.7 m78.2 m

Revenue growth, %

18%(2%)(57%)

Interest expense

14.4 m

Interest income

16.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

87.4 m34.9 m5 m26.5 m66.3 m32.6 m

Interest expense

8.3 m8 m7.2 m6.8 m6.5 m4.6 m

Pre tax profit

15.9 m

Income tax expense

7.3 m(10.7 m)(1.8 m)29 k282 k
USDFY, 2013FY, 2015FY, 2016

Cash

43.1 m32.5 m26.3 m

PP&E

12.6 m22.9 m14.8 m

Goodwill

3.6 m

Total Assets

989.9 m1.3 b1.2 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

48.5 m40.5 m29.5 m30.5 m23.2 m22.5 m

PP&E

22.1 m23.8 m21.1 m18.5 m

Total Assets

1.6 b1.5 b1.3 b1.2 b1.4 b1 b

Accounts Payable

38.6 m38.5 m21.9 m22.8 m26.2 m15.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

22.6 m(30.7 m)(22.3 m)

Depreciation and Amortization

2.2 m5.2 m8.8 m10.1 m

Accounts Payable

16.7 m(3.7 m)(6.4 m)2.2 m

Cash From Operating Activities

(523.6 m)(561.1 m)165.6 m92.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(7.6 m)(9.3 m)(11.1 m)15 k(22.8 m)(37.5 m)(54.7 m)(39.1 m)

Depreciation and Amortization

2.3 m3.7 m1.8 m3.6 m6.5 m2.5 m5.3 m7.5 m2.5 m

Accounts Payable

4 m3.4 m3.8 m7.8 m7.8 m640 k(2.4 m)2.5 m(8 m)

Cash From Operating Activities

(544.7 m)(600.4 m)(6 m)(35.8 m)43.6 m(45.8 m)(36.3 m)(181.5 m)124.2 m
Show all financial metrics

Traffic Overview of Stonegate Mortgage

Stonegate Mortgage Online and Social Media Presence

Stonegate Mortgage News and Updates

Home Point Financial completes Stonegate Mortgage acquisition

Home Point Financial Corp.’s $211 million acquisition of Stonegate Mortgage Corp. is now complete, as disclosed in a filing with the Securities and Exchange Commission. As a result of the deal, Stonegate is now wholly owned direct subsidiary of Home Point. Here's all the details.

Stonegate Mortgage Company Life and Culture

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