Advertisement
MBA names Michael Fratantoni VP of single family research and policy development
Stonegate Mortgage Selects StreetLinks as Appraisal PartnerMortgagePress.comStonegate Mortgage, StreetLinks National Appraisal Services, appraisal partner, Steve Landes
Stonegate Mortgage has announced the selection of StreetLinks
National Appraisal Services as its preferred appraisal partner.
Stonegate is a rapidly expanding wholesale and retail residential
mortgage originator, lending in Midwestern markets. StreetLinks
will provide Stonegate's wholesale operations with a full
complement of compliant and warranted valuation products.
"Stonegate Mortgage selected StreetLinks based on their large
concentration of approved appraisers in our lending area. We
appreciate their approach to customer service and their focus on
high quality appraisal products," stated Steve Landes, Stonegate's
executive vice president.
"StreetLinks is operationally based in the same market as our
corporate headquarters, which means the company's employees
understand the markets in which we lend," explained Stonegate
President, Jim Cutillo. "We were looking for a long term
partnership and StreetLinks is a great fit."
"Stonegate has experienced explosive growth in both the addition
of retail loan officers and their recognition as a wholesale lender
to the broker and banking community. We are excited for the
opportunity to grow with them," said Tom Hurst, StreetLinks' SVP.
"Our customer focus and unique approach to appraisal management
sets us apart from our competitors and will provide an ideal
solution for Stonegate Mortgage.
StreetLinks, which recently announced expansion of its
Indianapolis-based operations, provides appraisals nationwide that
are fully compliant with HVCC and all other current and pending
regulations. Stonegate expects to generate loan volume in excess of
$400 million in 2009 with loans supported by StreetLinks'
valuations.
For more information, visit www.stonegatemtg.com or www.streetlinks.com.
About the author