Stonegate Mortgage Corporation has announced the hiring of Robert Meachum as executive vice president of servicing. He will report to Dan Bettenburg, president of Stonegate. Meachum is a servicing executive with 20-plus years of experience in the mortgage industry. Before joining Stonegate, Meachum worked at Homeward Residential where he served as senior vice president, subservicing and special servicing. He was responsible for Homeward's fee-based servicing, which included sub and special servicing, as well as business development.
“We are excited to have Robert join the Stonegate executive team,” said Jim Cutillo, CEO and founder of Stonegate Mortgage. “His experience and expertise in large-scale servicing will further expand Stonegate’s capabilities in this critical aspect of our business. Robert will lead the development of an industry-leading servicing platform for Stonegate, including both agency and non-agency servicing and the acquisition of mortgage servicing rights on a flow basis.”
Prior to working at Homeward Residential, Meachum worked at Saxon Mortgage as executive director. He managed the operational credit risk of Saxon's $37 billion servicing portfolio where he developed the business strategy and provided key leadership for the turnaround of Saxon's servicing platform. Meachum also served as managing director and SVP of servicing and consumer originations at GMAC-Rescap Homecomings, where he led the management of over $100 billion in mortgage servicing.