Stonegate Mortgage Corp. in Indianapolis said it plans to make more than 175 hires in Orange County for its recently created loan servicing subsidiary Stonegate Direct in Lake Forest.
The new division was formed through an integration of existing call centers of Crossline Capital Inc., a retail unit that Stonegate acquired last year for about $9.4 million.
Publicly traded Stonegate has about $318 million in market capitalization. It had about $158 million in revenue and $22.6 million in net income last year.
