After less than four years as an independent, publicly traded company, Stonegate Mortgage Corp. has, itself, been acquired.

The Indianapolis-based company was founded in 2005 by Jim Cutillo, who led Stonegate through an initial public offering in late 2013.

After that it acquired Crossline Capital Inc., a wholesale lending unit of Nationstar Mortgage Holdings Inc. and Medallion Mortgage Co.


Source: Mortgage Daily