|Stonegate Mortgage Corporation -- USA Stock|| |
USD 0.03 0.00 0.00%
Founder and Consultant
Mr. James Cutillo is no longer Chief Executive Officer Director and Founder of Stonegate Mortgage Corporationrationration. effective September 10 2015. Prior to founding Stonegate he was a director for GMAC Residential Funding Corporationrationration in Minneapolis Minn. from May of 2002 to August of 2004. From 1997 to 2002 Mr. Cutillo was a partner at NISYS a firm that provided business process and software solutions in the mortgage banking and financial services industries. He served on active duty with the 101st Airborne Ft. Campbell Kentucky and in the Indiana National Guard. We believe Mr. Cutillo is qualified to serve on our Board because he is our Chief Executive Officer and founder and an accomplished financial services executive with experience in the mortgage banking arena. Pursuant to his employment agreement Mr. Cutillo is entitled to be nominated as a director of the Company for as long as his employment agreement is in effect and he serves as our CEO.
317 663-5100 www.stonegatemtg.com
The company has Return on Asset of 2.6 %
which means that on every $100 spent on asset it made $2.6 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE)
of 12.55 %
implying that it generated $12.55 on every 100 dollars invested.
The company has 617.41 M in debt with debt to equity (D/E) ratio of 241.2 . This implies that the company may be unable to create cash to meet all of its financial commitments. Stonegate Mortgage Corporation has Current Ratio of 1.03 demonstrating that it may have difficulties to pay its financial commitments when the payables are due.
Stonegate Mortgage Corporationration, a nonbank mortgage company, focuses on originating, financing, and serving residential mortgage loans in the United States. Stonegate Mortgage Corporation (SGM) is traded on New York Stock Exchange in USA. It is located in INDIANA, U.S.A and employs 893 people. Stonegate Mortgage is listed under Banking category by Fama And French industry classification.