Home >> News >> Data >> New EVP for Stonegate’s Capital Markets Division
Print This Post Print This Post

New EVP for Stonegate’s Capital Markets Division

""Stonegate Mortgage Corporation"":www.stonegatemtg.com/ has appointed a new executive to its ranks. The company recently announced that John F. Macke would join Stonegate as its executive vice president of capital markets.

[IMAGE]

The independent mortgage lender will utilize Macke's extensive industry experience to lead Stonegate's secondary marketing, capital markets, and servicing asset management for the company's mortgage portfolio. As an executive vice president, Macke will report to Stonegate's president, Dan Bettenburg.

Prior to accepting capital markets role with Stonegate, Macke performed in diverse senior executive positions with ""Irwin Mortgage Corporation"":http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3118334. Macke has previously served as Irwin's senior vice president of capital markets, strategy, and business development, in addition to having acted as the president of the ""Irwin Reinsurance Corporation"":http://biz.yahoo.com/ic/122/122466.html.

However, Macke's most recent job was with ""AmeriCare Ambulance Service"":www.americare.org/, where he operated as the entity's executive vice president and chief financial officer from 2010 to 2011. In his role with AmeriCare, Macke was responsible for overseeing all financial, technological, legal, and human resources functions.

Commenting on Macke's addition to the Stonegate team, the company's CEO, Jim Cutillo, said, ""Stonegate's unique focus on providing a superior customer experience while maintaining a disciplined approach to responsible lending has led to our success over the past six years. As we continue to execute our business plans, we are pleased to have someone of John's experience join our team. His understanding of the capital markets, mortgage servicing and valuation are great tools that will enable us to maintain and enhance the strength of our balance sheet as we continue to grow.""

Continuing his statements, Cutillo added, ""Stonegate is attracting top talent by focusing on what it means to be successful which in our industry means being the Lender of Choice in every market we serve and by staying accountable, responsible and accessible to our customers.""

Of his new position with Stonegate, Macke noted, ""This is a great opportunity for me to return to the mortgage industry and to use my finance and capital markets experience in helping to further accelerate the growth of the company. The Stonegate team's passion for the business and culture of integrity, accountability and accessibility, plus their core value of adaptability and desire to create change in mortgage industry makes it an exciting team to join.""

About Author: Abby Gregory

x

Check Also

LoanScorecard Announces NewFi Implementation

LoanScorecard recently announced that NewFi Wholesale has implemented LoanScorecard’s product and pricing engine, Pricer1, and non-agency AUS, Portfolio Underwriter, as its Non-QM Pricing & Scenario Tool.

GET THE NEWS YOU NEED, WHEN YOU NEED IT.

With daily content from MReport, you’ll never miss another important headline in originations, lending, or servicing. Subscribe to MDaily to begin receiving a complimentary daily email containing the top mortgage news and market information.