Its loan originations are primarily sourced through its network of retail branches and relationships with 955 third-party originators. The company focuses on mortgage loans associated with the purchase of residential real estate, which represented 45% of its loan originations for the 12 months ended June 30, as opposed to the refinancing of existing mortgage loans. For the six months ended June 30, Stonegate reported its profit soared from a year earlier to $18.9 million as revenue nearly tripled to $84.2 million. During that period, the company originated $4 billion in loans. As of June 30, Stonegate mortgaged a portfolio with an unpaid principal balance of $7.6 billion. Stonegate expects its shares to trade on the New York Stock Exchange under the symbol SGM."