Here’s the Bright Spot in Stonegate Mortgage’s Tough 1Q
HousingWire, May 10, 2016–Swanson, Brena
Stonegate Mortgage didn’t get away from the financial impact of the first quarter’s historically low interest rates, which already dented the performance of most other lenders due to negative adjustments to the “fair value” of each company’s mortgage servicing rights portfolio.
