Announced
Completed
Financials
Sources
Tags
mortgage loans
Completed
Acquisition
Public
United States
Mortgage REITs: Diversified
Single Bidder
Synopsis
Home Point Financial Corp.’s $211m acquisition of Stonegate Mortgage Corp. is now complete, as Stonegate disclosed in a filing with the Securities and Exchange Commission that the acquisition became final on Wednesday. As a result of the deal, Stonegate is now wholly owned direct subsidiary of Home Point. “The successful completion of this acquisition is an important milestone for us,” Willie Newman, Home Point’s Chief Executive Officer.
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