Timothy Verinder Named Southwest Regional Manager for Stonegate Mortgage

Stonegate Mortgage Corporation(NYSE:SGM), a leading publicly traded mortgage company focused on originating, financing and servicing U.S. residential mortgage loans, today announced that Timothy Verinder has been named Southwest Regional Manager. In this role, he will lead the Southwest Region’s Third Party Origination sales teams, selling products in all three TPO channels – broker, non-delegated and bulk mandatory. He will report directly to Scott Houp.

Commenting on Mr. Verinder, Steve Landes, Stonegate Mortgage National Director of Sales said, “As Stonegate Mortgage strives to be the lender of choice in the TPO channel, Tim Verinder will bring a fresh perspective and critical leadership skills to the company and our originations business.”

Mr. Verinder has 20 years’ experience in the mortgage industry. Most recently, he worked as Regional Vice President, TPO Sales Manager at ResMac Inc. Previously, he served as Vice President, TPO Sales Manager at Flagstar Bank and as an Account Executive in Bank of America’s Wholesale Mortgage channel. He brings to this role extensive managerial skills and mortgage industry knowledge.

“I’m looking forward to leading the Southwest region as Stonegate Mortgage expands its footprint as a leader in the mortgage industry,” said Mr. Verinder. “It is an exciting time to play a role in this ever-changing space as customer needs continue to shift and more technology becomes available to streamline the process of acquiring and financing a mortgage.”

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

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Media Contact:Sloane & Company (on behalf of Stonegate Mortgage Corporation)Whit Clay, [e-mail] Contact:Stonegate Mortgage CorporationMichael McFadden, [e-mail]