Stearns Lending, Inc., HomeAid America Partner to Provide Shelter to Homeless

Stearns EVP James Hecht Joins HomeAid Board of Directors

NEWPORT BEACH, Calif.--()--Stearns Lending, Inc., America’s No. 1 Wholesale Residential Lender based on volume, as ranked by Inside Mortgage Finance, recently joined the effort in battling homelessness by providing funding to HomeAid America, a non-profit organization that builds and renovates housing projects for America’s temporary homeless families and individuals. As part of Stearns’ partnership with HomeAid, James Hecht—Executive Vice President of Strategic Development for Stearns—has joined the HomeAid America Board of Directors.

Considered one of the top Strategic Alliance executives in the mortgage industry, Hecht has developed and operated multiple, highly successful builder and Realtor alliances during a mortgage banking career that spans more than two decades. Hecht is currently responsible for leading and growing Stearns’ strategic production channels including Consumer Direct, Builder, Financial Institutions Group, and Credit Union Partners, as well as the Company’s Marketing and Recruitment teams.

“I am pleased and proud to join the leadership team of HomeAid America on behalf of Stearns Lending,” said Hecht. “The partnership between Stearns Lending and HomeAid America promises to be a big success. Both organizations share similar philosophies about the importance of helping families and individuals in the communities where we live and work. I am eager to work with the directors of HomeAid, as well as home builders who support the terrific efforts of this nonprofit group.”

More than 630,000 people experience homelessness on any given night in the United States, according to the National Alliance to End Homelessness. To address this tragedy, HomeAid America has been working for 25 years with the building industry to help supply temporary shelter for homeless families working to get back on their feet. To date, HomeAid has built more than 360 projects nationwide at a value of more than $200 million – nearly 50 percent of which was donated by the building industry.

“We are thrilled to add Stearns Lending as a national partner for HomeAid,” said Peter Simons, CEO of HomeAid America. “Stearns is an industry leader in mortgage lending, and also has shown great philanthropic interest in helping the communities in which they operate. HomeAid is very lucky to have them on our side as we continue our effort to provide housing and other assistance for today’s homeless.”

ABOUT HOMEAID AMERICA

HomeAid is a leading national non-profit provider of housing for homeless families and individuals, founded in Southern California in 1989 and celebrating its 25th Anniversary in 2014. Through the generosity of builders, their trades and their suppliers, HomeAid has completed 360 housing projects nationwide at a value of more than $200 million, of which nearly 50 percent has been donated by the building industry. HomeAid currently has 25 additional projects in development across the country. HomeAid has added over 7,500 beds in facilities helping the homeless through HomeAid’s network of 15 active chapters in 10 states across the country. For more information about HomeAid, call 1-888-3HOMEAID or visit www.homeaid.org.

About Stearns Lending, Inc.

Headquartered in Santa Ana, California, Stearns Lending, Inc., is in its 25th year of providing exceptional mortgage lending services, and business channels include wholesale, retail, correspondent and financial institutions. Stearns Lending is recognized in Inc. magazine's 2013 INC 500|5000 list, a ranking of the nation's fastest-growing private companies. Stearns Lending has been recognized by Mortgage Technology Magazine as one of its "Top 25 Tech-Savvy Lenders" for three consecutive years (2011, 2012, and 2013). Stearns Lending, Inc. is located at 4 Hutton Centre Drive, 10th Floor, Santa Ana, CA 92707. NMLS# 1854. For more information, please visit www.stearns.com.

References

http://www.insidemortgagefinance.com/

http://www.nationalmortgagenews.com/mortgage-technology/2013-top-tech-savvy-lenders-and-servicers-list-revealed-1038346-1.html

http://www.inc.com/profile/stearns-lending

Contacts

HomeAid America
Peter Simons
CEO
720-490-1900
psimons@homeaid.org
or
Stearns Lending, Inc.
James Hecht
Executive Vice President
972-521-1055
jhecht@stearns.com

Stearns Lending, Inc. joins forces with HomeAid America in an effort to battle homelessness by providing funding for renovation housing projects for America's temporary homeless families and individuals. (Photo: Business Wire)

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Release Summary

Stearns Lending, Inc. joins battle against homelessness by partnering with HomeAid America, a non-profit dedicated to building and renovating housing projects for America's temporary homeless.

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Contacts

HomeAid America
Peter Simons
CEO
720-490-1900
psimons@homeaid.org
or
Stearns Lending, Inc.
James Hecht
Executive Vice President
972-521-1055
jhecht@stearns.com