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Stearns Lending Pledges to Aid the Nation's Homeless
May 01, 2014

Stearns Lending Inc. 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.”