EMERGING BANKER PROGRAM

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NATTYMAC

A WHOLLY-OWNED WAREHOUSE BANKING SUBSIDIARY

OF STONEGATE MORTGAGE CORPORATION (NYSE: SGM)

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NATTYMAC: FASTER, SMARTER, FRIENDLIER

™

NATTYMAC.COM STONEGATEMTG.COM NMLS #186732

Stonegate Mortgage Corporation is not licensed to originate loans in the following states: Hawaii and New York. This advertisement is intended for the use of professionals only and is not to be distributed to members of the general public. Visit stonegatemtg.com/state-licensing.aspx for complete licensing profiles. NattyMac has met all requirements to provide warehouse services in all states. (www.nmlsconsumeraccess.org)

Mortgage banking firms, Emerging Mortgage Bankers,

and approved and qualified Stonegate Mortgage

correspondent customers can apply to gain access to

NattyMac, Stonegate Mortgage’s wholly-owned warehouse

lending subsidiary. Lenders may fund loans on a delegated

or prior-approved basis, depending on their approval with

Stonegate Mortgage, or any of the large list of approved

take-out investors maintained by NattyMac. We deliver

better overall loan execution and process savings for our

customers by turning their warehouse line faster and

making the process easy.

Stonegate’s Early Purchase Facility, or EPF, allows

prior-approved, delegated and hybrid correspondents that

fund on a NattyMac line the ability to receive higher

advance rates and lower borrowing costs for loans sold to

Stonegate Mortgage. NattyMac’s advance rates allow our

customers to borrow up to 100% of the note amount on

Conventional and Government Stonegate Mortgage loans

and for Non-Agency Jumbo loans as well.

Since 2004, NattyMac has been an efficient and effective

warehouse lender. We’re focused on financing prime

mortgage collateral, providing fast, accurate same-day

wires and extended hours of operation.

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FUND MORE LOANS WITH NATTYMAC

WAREHOUSE LINES OF CREDIT BASED ON

NET WORTH

• Leverage Ratio as High as 25:1

• Establishes Line Size and Pricing

• No Limit on EPF

EARLY PURCHASE FACILITY (EPF) WITH

STONEGATE MORTGAGE

• Once Note and Closed Loan Package Received,

Loan Transfers to EPF

• Loan Cleared from Warehouse Line of Credit

• Additional Funding Ability Created

• Clients Receive More Leverage and Can Fund

More Volume with Lower Capital Requirements

OTHER INVESTORS

• Loans Can Be Sold to Any Approved Investor

• NattyMac Encourages Our Clients to Have More

than One Warehouse Line, and to Sell Loans to

Multiple Investors

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EMERGING BANKER SETUP PROCESS (SUMMARY)

1. DECIDE TO BECOME A BANKER

• Fund Loans in Your Name

• Take Control of the Closing Process and Timeline

2. OBTAIN LENDER LICENSE

3. PREPARE PROPER FINANCIAL STATEMENTS

(AUDIT OR COMPILATION)

4. APPLY TO BECOME APPROVED FOR A NATTYMAC

WAREHOUSE LINE

5. EXECUTE STONEGATE CORRESPONDENT

AGREEMENT

6. OBTAIN E&O AND FIDELITY BOND COVERAGES

7. ESTABLISH AIR COMPLIANT OR AMC PROCESS

FOR APPRAISAL ORDERING

8. SELECT YOUR FULFILLMENT PARTNER TO PROVIDE

BACK END SUPPORT: NATTYMAC MAINTAINS AN

APPROVED LIST

9. SET UP MORTGAGE INSURANCE MASTER POLICY

10. HIRE APPROPRIATE STAFF TO MANAGE

COMPLIANCE, CREDIT DECISIONING AND

REGULATORY REPORTING

11. TRAIN WITH NATTYMAC AND YOUR FULFILLMENT

PARTNER

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EMERGING BANKER SETUP PROCESS (DETAIL)

The diagram below shows the steps a Broker would take to become a Correspondent through the program.

Emer

ging Bank

er S

tartup Pr

oc

es

s — 30 t

o 60 Da

ys

BROKER

NATTYMAC

STONEGATE

_MORTGAGE

INSURANCE

_BROKER

MERS

FULFILLMENT

_PARTNER

_COMPANY

MI

Set up Master Contract (4-5 Weeks) Develop Contract

Train Banker Staff Process Account Request (4 Weeks) Client Activates (After First Closing) Process E&O and

Fidelity Bond Application Process Correspondent Application (already approved as broker)

Train Banker Staff

Activate Client Access to EB

Submissions Process Warehouse

Line Application

Train Banker Staff

Activate Warehouse Line Set up Direct Deposit Account (DDA) Decide to Become a Banker Obtain State Licensing as Lender Obtain Financials and Meet Minimum

Requirements Apply to Selected Warehouse, Investor and Fulfillment Providers Ready to Submit Loan Blank Mort gage/ Deed of T rus t F or Phase 2 Appr ov ed P olic y and Bond MERS Number Notifica tion Signed C ontr act Approved?

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EMERGING BANKER RESPONSIBILITIES

1. MORTGAGE BANKING FUNCTIONS MUST BE

PERFORMED BY:

• Emerging Banker

• Fulfillment Partner

• Approved Investor

• NattyMac

2. MORTGAGE BANKING ACTIVITIES

• Loan Application and Approval

• Making a Credit Decision

• Managing Compliance Risk

• Closing and Funding

• Selling Closed Loans

• Compliance Reporting and Monitoring

3. EMERGING BANKER RESPONSIBILITIES

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SERVICES MENU

Activity

Key:

= New Activity for Emerging Banker

X = Responsible Party

_BANKER

FULFILLMENT

PARTNER

APPRO

VED I

N

V

ES

TO

R

NA

TTYMA

C

APPLY AND UNDERWRITE

Take Loan Application

X

Collect Documents

X

Send Disclosures

X

Pull Tax Transcripts (through Stonegate’s site)

X

Provide Appraisal through own AMC

X

Order Flood

X

Fraud Check

X

Provide MERS Number (Stonegate until EB has ability)

X

Underwrite Loan

X

Order MI (Stonegate until EB has ability)

X

Review POA

X

Re-Disclose if Loan Changes

X

Resolve Underwriting Conditions

X

CLOSE AND FUND

Request Closing and Provide UW Documents

X

Pre-Closing Due Diligence and Compliance Audit

X

Complete Final Verbal VVOE

X

Resolve Compliance Issues - Change Fees, Re-Disclosure

X

Draw Documents

X

Prepare Final HUD

X

Deliver Closing Package

X

Order Funds

X

Review Signed Closing Package

X

Request Funds

X

Send Funds to Closing Table

X

Register and Transfer with MERS

X

Activity

Key:

= New Activity for Emerging Banker

X = Responsible Party

_BANKER

FULFILLMENT

PARTNER

APPRO

VED I

N

V

ES

TO

R

NA

TTYMA

C

SELL CLOSED LOAN

Submit Closing Package to Investor

X

Resolve Purchase Conditions

X

Issue Purchase Advice

X

Submit Purchase Advice to Warehouse

X

Move Loan Off Client Warehouse upon Receipt

of Physically Signed Note and Funds Receipt

X

Send Goodbye Letter to Borrower

X

Transfer Flood, Hazard, Wind, MERS

X

Collect First Payment

X

Handle First Payment Exceptions if Investor Changes

X

Make LPMI Payment

X

Activate MI (by ordering party)

X

Remit MIP, USDA Guaranty, or VA Funding Fees

X

Net Fund any Required Insurance from

Correspondent Purchase Advice (if applicable)

X

Submit Loan for Insuring to FHA, VA, USDA

X

Final Doc Follow Up

X

OTHER - GENERAL WORK, NOT SPECIFIED TO ONE LOAN TRANSACTION

HMDA and other Compliance Reporting

X

1098 Statement

X

Monitor Warehouse Line Balance

X

Keep Records of all Loan Documents

X

Prepare GAAP Compliant Financials for Mortgage Bankers

X

(More Than One Party Selected Indicates

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EMERGING BANKER BUSINESS MODEL

The diagram below shows the areas impacted by the program

SGM/INVESTOR - FILE INTAKE AND UW

Start Loan

File Intake Underwrite Clear

Conditions Flood Fraud Guard

MERS*

Order

MI* Trust ReviewPOA and

SGM/INVESTOR - PA PURCHASE REVIEW

Quality Assurance Check Clear Conditions Closing Pkg Purchase Review Issue Purchase Advice

SGM/INVESTOR - SECONDARY

Issue Purchase Advice MIP/VA Guarantee Remittance Deliver Loan LPMI

SGM/INVESTOR - SERVICING

Collect First Payment

CLOSING SERVICES - FULFILLMENT PROVIDER

Pre-Closing Due Diligence and Compliance Audit Closing Draw Documents (DOO or other provider) Review HUD Deliver Closing Package Order Funds Funding Review Signed Images Register with MERS Clear Purchase Conditions Get/Send Purchase Advice Reconcile Accounts Create Client Package Send Goodbye Letter to Borrower Transfer Flood, Hazard, Wind, PMI, MERS Generate 1098 Statement Handle First Payment

Exceptions Compliance Reporting

NATTYMAC - WAREHOUSE

Process Wire Request Move Loan to Early Purchase Facility Payoff Advice

US BANK - CUSTODIAN

Review Closing Package Manage Note

TITLE COMPANY/CLOSING AGENT

Prepare Final HUD Execute Closing Package Submit EB Loan Disclosures Initial

and Updated Create Loan Application Collect Borrower Documents Provide Underwriting Conditions Monitor Warehouse Line Balance Final Verbal VVOE Request Closing Clear Closing Conditions Review Final HUD Assist with Purchase Conditions Receive Financials and Doc Copies

End

EMERGING

BANKER

Receipt of Signed Note Signed Documents (Paper) Signed Images Unsigned Package Funds

*Transitions to EB once approved

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NATTYMAC PROGRAM GUIDE

Emerging*

Preferred

Elite

Premier

Net Worth

$75,000 Minimum

$100,000-$999,999

$1,000,000-$2,499,999

$2,500,000+

Base Rate

30-Day LIBOR plus Margin with Negotiated Floor

Warehouse Line Size

$1,000,000 – $20,000,000 Maximum Line Size (Leverage to 25:1)

Eligible Loans

FNMA, FHLMC, FHA, VA, USDA, Stonegate Non-Agency/Jumbo, Stonegate 203(k)®

Underwriting Authority

Prior Approved**

Delegated & Prior Approved

Eligible Investors

All Approved Investors

Delivery Options

Best Effort

Best Effort & Mandatory

Advance Rates

Stonegate: 100% Stonegate Non-Agency: 100% Approved Investors: 99%

Package Fees

Negotiable

E&O Fidelity Bond

Minimum coverage required is based on warehouse line size.

Warehouse Facility Size

Minimum Coverage Amount

$1,000,000 - $4,999,999

$300,000

$5,000,000 - $9,999,999

$500,000

$10,000,000+

$1,000,000

DDA Deposit

$2,500 Per $1M in LOC, $5,000 Minimum

Financial Reporting

Must be GAAP Compliant, Covenants are Verified Quarterly and Maintained Monthly

CARMEL YORK

Vice President — Sales

Western Region

Ph: 831.241.2477

[email protected]

ASHLEY CROSSLIN

Vice President — Sales

Eastern Region

Ph: 727.824.8691

[email protected]

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NEXT STEPS

1. DISCUSS PROGRAM DETAILS WITH:

• Your Stonegate Mortgage Account Executive

• Your NattyMac Vice President of Sales

2. MAKE APPLICATION WITH NATTYMAC

3. TAKE CONTROL OF YOUR FUTURE

• Close Loans Faster

• Own Your Service Levels

• Be the Lender

CARMEL YORK

Vice President — Sales

Western Region

Ph: 831.241.2477

[email protected]

ASHLEY CROSSLIN

Vice President — Sales

Eastern Region

Ph: 727.824.8691

[email protected]