STONEGATE ANNOUNCES the RELEASE of OLIE 2.0 to SUPPORT its FHA SPONSORSHIP PROGRAM
12/06/2010

Fishers, Indiana – December 3, 2010 – Stonegate Mortgage Corporation announced today the upcoming release of its Online Loan Information Exchange (OLIE) 2.0 system, created to support its FHA Sponsorship Program and third party originators. OLIE is scheduled for release on or before January 1, 2011.

Online PR News – 06-December-2010 – – Fishers, Indiana – December 3, 2010 – Stonegate Mortgage Corporation announced today the upcoming release of its Online Loan Information Exchange (OLIE) 2.0 system, created to support its FHA Sponsorship Program and third party originators. OLIE is scheduled for release on or before January 1, 2011.

“Stonegate is committed to wholesale and correspondent lending; our investment in technology to support our third party originators is just one example of that commitment,” said Jim Cutillo, President and CEO of Stonegate Mortgage.

“OLIE 2.0 will allow FHA sponsored originators to access FHA Connection via our website; other enhancements for our approved wholesale and correspondent clients include an integrated pricing engine, streamlined loan submission and improved conditions management, as well as expedited closing and document request services,” said Steve Landes, Executive Vice President of Loan Origination for Stonegate Mortgage.

“OLIE 2.0 is a significant upgrade to our wholesale/correspondent platform,” said John Dennison, Vice President of Wholesale/Correspondent Lending for Stonegate Mortgage. “We will also begin publishing our daily rates to Marksman, Sollen, Optimal Blue and other third party pricing engines beginning January 1, 2011. This will give our wholesale/correspondent clients better visibility into Stonegate’s products and pricing.”

About Stonegate

Stonegate Mortgage Corporation is one of the largest privately held mortgage lenders in the Central United States. Founded in 1964, today it is a leading originator and servicer of government-sponsored enterprise (GSE) and government-insured (FHA, VA and USDA) loans.

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If you would like more information about OLIE 2.0 and/or the FHA Sponsorship Program, or to schedule an interview with Mr. Cutillo, please call Jay Waddell at 913.890.4402 or email jwaddell@stonegatemtg.com. To learn more about Stonegate Mortgage visit wholesale.stonegatemtg.com.