Stonegate Mortgage founder and CEO Jim Cutillo will resign, effective Sept. 10.
The resignation of Stonegate Mortgage founder and CEO Jim Cutillo will likely result in either the quick hiring of a replacement CEO to execute Stonegate's business plan or the company being acquired, according to analysts at FBR Capital Markets.
Marketplace lenders seek to disrupt traditional financial services with online platforms that connect borrowers to investors. But in real estate, this burgeoning sector has taken an approach that seeks to co-exist with, rather than supplant, the traditional mortgage market.
Partner Insights
Stephen Campbell and his assistant have complementary styles and that enables them to develop unique solutions to meet client needs.
2015 Top Producers
ON's annual rankings show how loan officers made the most out of a tough year for originators.
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