INDIANAPOLIS--(BUSINESS WIRE)--Stonegate Mortgage Corporation (NYSE:SGM), a leading, publicly-traded mortgage company announced today that R. Douglas Gilmore has been appointed to the role of Chief Information Officer, to lead IT and technology efforts, including the development of Stonegate Connect. In this role, he will oversee all information technology for Stonegate Mortgage, including origination, servicing and financing (NattyMac). He will report to Jim Cutillo, Chief Executive Officer of Stonegate Mortgage.
Stonegate Connect is a technology platform that will allow investors to connect with third party originators, creating an online marketplace that facilitates institutional investment in mortgages and mortgage-backed securities. As online enterprise is gaining traction in the mortgage industry, Stonegate Connect creates a unique and efficient model for investment. Stonegate Mortgage is excited to announce this new initiative, which will serve as the bridge from borrower to bond.
Commenting on Mr. Gilmore, Jim Cutillo, CEO of Stonegate Mortgage, said, “Doug’s experience and background in technological development will be invaluable to our organization. With an increased focus on Stonegate Connect and our desire to be the market leader in technology, we feel he’s the ideal choice to fill the CIO position.”
Doug brings over 20 years of experience in information security, network architecture and systems engineering to the company. Prior to joining Stonegate Mortgage, he held a number of senior executive positions with companies such as Bellwether, Gracenote and Haverstick Consulting. Most recently, he served as Chief Information Officer at ChaCha Search Inc.
“I am pleased to have the opportunity to combine my experience in the technical field with the initiatives of the Stonegate Mortgage team,” said Mr. Gilmore. “Their commitment to serving customers through innovative strategy and progressive technology demonstrate Stonegate Mortgage’s role as a leader in the mortgage industry.”
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 emerging housing finance market.
For more information on Stonegate Mortgage Corporation, please visit www.stonegatemtg.com.
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