Stonegate Hires Nonagency Trading Executive

Stonegate Mortgage Corp. hired another former GMAC-RFC executive, Stephen Pawlyshyn, as vice president of nonagency trading.

Pawlyshyn will report to Eric Scholtz, executive vice president of structured finance, who also previously worked for GMAC-RFC and recently joined Stonegate.

Previously, Pawlyshyn was senior VP, managing director and head of nonagency mortgage-backed securities/asset-backed securities trading at GMAC RFC, where he was responsible for the pricing, acquisition, headings and sale/investment of $85 billion in agency volume in nonagency mortgages.