Mortgage Daily

Published On: December 11, 2014

A mortgage firm that was acquired last year by Stonegate Mortgage Corp. has unveiled plans to add more than a hundred mortgage jobs in Southern California.

The Indianapolis-based company acquired Crossline Capital Inc. in December 2013. That transaction came on the heels of its purchase of Nationstar Mortgage Holdings Inc.’s wholesale lending division.

The call center operation of Crossline Capital, which is based in Lake Forest, Calif., was subsequently integrated into Stonegate Mortgage and now operates as Stonegate Direct.

Tim Elkins heads Stonegate Direct as executive vice president.

On Thursday, an announcement indicated that Stonegate Direct’s growth plan includes the creation of more than 175 new jobs.

The positions include mortgage professionals, call center personnel and customer service representatives.

Stonegate said that the added employees will be located in Orange County, Calif.

“New members of the Stonegate Direct team will assist in enhancing and simplifying the customer experience and home loan application process for qualified customers by providing quick, secure online access for homebuyers and those looking to refinance,” today’s news release stated.

In the Mortgage Daily Third Quarter 2014 Mortgage Origination Survey, Stonegate Mortgage reported a company-wide staff of 1,272 as of Sept. 30, growing from just 311 employees at the end of 2012.

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