SANTA ANA, Calif.--(BUSINESS WIRE)--Stearns Lending, LLC, a leading provider of mortgage lending services in Wholesale, Retail, Correspondent and Strategic Alliances sectors, is pleased to announce the appointment of Steve Smith to the position of Chief Financial Officer, with senior executive level responsibilities for the Company’s accounting, treasury and financial activities and associated strategies.
“We are very excited that Steve has agreed to join our executive team and step into this critical leadership role. With 28 years of senior executive level experience in finance, mortgage banking and the real estate industry, Steve will be invaluable to Stearns,” said Brian Hale, CEO of Stearns Lending. “We currently have outstanding teams and processes in place. With Steve onboard, we’re able to further enhance our effectiveness and build out the strategies, protocols and platforms required to achieve our ambitious goals as a mortgage industry leader.”
Smith is a seasoned industry professional with nearly three decades of mortgage banking and financial services industry experience. Prior to joining Stearns, Smith served as the Chief Financial Officer for Caliber Home Loans where he was responsible for providing strategic financial leadership to support growth and expansion. Earlier in his career, he held various executive positions at Bank of America Home Loans, including National Service Executive, National Sales Executive and Chief Financial Officer.
“I am excited to join such an amazing organization filled with the top mortgage banking talent in the industry,” said Smith. “I see Blackstone’s capital investment in Stearns, and their focus on continuing the growth of the world-class operating platform, as a significant competitive advantage. I look forward to working with the accounting, treasury and finance professionals who have helped enable Stearns’ incredible growth.” For more than 25 years, Stearns has been helping clients and customers reach their goals by successfully exceeding expectations and leading the industry with innovation and efficiency. To learn more about Stearns and its commitment to helping families and individuals achieve the dream of homeownership, visit stearns.com and join.stearns.com.
About Stearns Lending, LLC
Stearns Lending, LLC is a leading provider of mortgage lending services in Wholesale, Retail, Correspondent and Strategic Alliances sectors throughout the United States. Currently ranked as #2 Wholesale Lender nationwide*, Stearns Lending continues to expand as a company overall, making the Inc. 5000 list of Fastest Growing Private Companies in America in 2013, 2014 and 2015**, based on revenue growth of 250% over a three-year period.
Stearns Lending is an equal housing lender and is licensed to conduct business in 49 states and the District of Columbia. Additionally, Stearns Lending is an approved HUD (United States Department of Housing and Urban Development) lender; a Single Family Issuer for Ginnie Mae (Government National Mortgage Association); an approved Seller/Servicer for Fannie Mae (Federal National Mortgage Association); and an approved Seller/Servicer for Freddie Mac (Federal Home Loan Mortgage Corporation). Stearns Lending is also approved as a VA (United States Department of Veterans Affairs) lender, a USDA (United States Department of Agriculture) lender, and is an approved lending institution with FHA (Federal Housing Administration). Stearns Lending, LLC is located at 4 Hutton Centre Drive, 10th Floor, Santa Ana, CA 92707. Company NMLS# 1854.
For more information, visit www.stearns.com.
References
*http://www.insidemortgagefinance.com/
- Top Broker Channels. Rep. no. 12M2015. Inside Mortgage Finance, Dec. 2015. Web. 15 Mar. 2016.
**http://www.inc.com/profile/stearns-lending
- "The 2013 Inc. 5000." The 2013 Inc. 5000. Inc.com, Aug. 2013. Web. 18 Mar. 2015.
- "The 2014 Inc. 5000." The 2014 Inc. 5000. Inc.com, Aug. 2014. Web. 18 Mar. 2015.
- "The 2015 Inc. 5000." The 2015 Inc. 5000. Inc.com, Aug. 2015. Web. 18 Aug. 2015.
