Stonegate Mortgage Sees 555% Increase in Revenues from First Quarter
HousingWire, May 4, 2017–Kelsey Ramirez
The company said the increase in revenues was predominantly the result of a lower negative change in the fair value of the company’s mortgage servicing rights for the first quarter, compared to the first quarter of 2016, partially offset by a decrease in gains on mortgage loans held for sale.
