Mortgage

Home Point Financial shuffles executive team in wake of Stonegate acquisition

Several former Stonegate execs join Home Point

Last week, as Home Point Financial Corp. finalized its $211 million acquisition of Stonegate Mortgage Corp., Stonegate announced that several of its top executives were resigning from their positions in coordination with the company’s acquisition.

Included among those resignations was Jim Smith, who stepped down from his positions as chief executive officer and president of Stonegate, but became the chief operating officer at Home Point.

And it turns out that Smith isn’t the only Stonegate executive that’s making the transition over to Home Point.

On Wednesday, Home Point announced some changes to its executive team, adding in several of the former Stonegate execs.

Joining Smith at Home Point is Kelly Henry, who served as chief risk officer at Stonegate. Henry will serve in the same role at Home Point.

Also joining Home Point in unspecified senior leadership roles are Steve Landes, who served as Stonegate’s director of national sales and as president of NattyMac; David Dill, who served as Stonegate’s executive vice president of loan servicing; Doug Gilmore, who served as Stonegate’s chief information officer; and David Kress, who served as Stonegate’s general counsel and secretary.

Home Point also announced an “expanded, enhanced executive team” including the following:

Willie Newman, President and Chief Executive Officer

Jim Smith, Chief Operating Officer

Howard Nathan, Chief Financial Officer

Matthew Goodman, Chief Administrative Officer

Brian Brizard, Chief Production Officer

Maria Fregosi, Chief Capital Markets Officer

Sheryl Johnson, Chief Legal Officer

Paul Orlando, Chief Information Officer

Kelly Henry, Chief Risk Officer

“I am pleased to announce our expanded, enhanced executive team,” Willie Newman, Home Point’s president and chief executive officer, said. “The depth, experience and expertise of the team provides us with the leadership required to build an industry leader.”

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