PROXY CORNER: Stonegate Mortgage Corp.

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Stonegate Mortgage Corp., 9190 Priority West Drive, Indianapolis, finances and services residential mortgages originated through the company’s retail offices and by third parties. In the first quarter, the company lost $37.5 million, or $1.45 per share, on revenue of $5.0 million. In the same quarter a year earlier, the company earned $519,000, or 1 cent per share, on revenue of $46.8 million. The company’s shares trade on the New York Stock Exchange under the ticker SGM. Information for Proxy Corner was taken from the company’s proxy statement dated May 19, 2016, and from Yahoo Finance. View full Proxy Corner feature.

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