Home Point Financial Corporation acquired Stonegate Mortgage Corporation for $211m

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.