Skip to main content

Stearns Lending Closes Shared Equity Partnership Deal With Certainty Home Loans

NationalMortgageProfessional.com
Sep 18, 2018
Stearns Lending has announced the close of its shared equity partnership deal with Certainty Home Loans, an Independent Mortgage Banker

Stearns Lending has announced the close of its shared equity partnership deal with Certainty Home Loans, an Independent Mortgage Banker.
 
“Today’s successful mortgage companies understand the power of economies of scale and combined resources. Certainty Home Loans’ strong retail, consumer-centric model along with our wholesale, retail and strategic alliance sectors, allows us to provide our employees, customers, and partners with industry-leading technology and resources that help the dream of homeownership become a reality,” said David Schneider, Chief Executive Officer of Stearns Lending. “For Stearns Lending, the partnership helps accelerate the growth of Stearns’ retail sales channel and broadens our geographic footprint.”
 
This partnership launches Stearns’ new Preferred Partner Platform, which leverages Stearns’ experience with its current Joint Venture business model which currently operates under 10 different brands across the country. As the first Preferred Partner, Certainty Home Loans has access to Stearns’ technology, direct access to capital markets expertise, and operational excellence.
 
“By leveraging Stearns’ advanced technology platform to streamline and improve interactions with partners, customers and each other, this partnership allows Certainty Home Loans to accelerate growth plans,” said Jim Clapp, President of Certainty Home Loans.


 
Published
Sep 18, 2018
Evergrande Steadily Repays Debt While Taking On New Risk

Evergrande Chairman Hui Ka Yan has ambitious plans, signaling last Friday that the firm wants to move away from housing and focus on making electric cars. 

Industry News
Oct 26, 2021
Planet Home Lending Reports Q3 Gains In Asset Management, Servicing And Originations

The Planet Home Financial Group, LLC, parent company of Planet Home Lending, LLC and Planet Management Group, LLC reported steady growth across its servicing, correspondent and private-client channels.

Industry News
Oct 26, 2021
CFPB, DOJ And OCC Hit Trustmark National Bank For 'Deliberate' Redlining

The Consumer Financial Protection Bureau and U.S. Department of Justice, in conjunction with the Office of the Comptroller of the Currency are taking action against Trustmark National Bank for alleged redlining violations.

Industry News
Oct 25, 2021
Reports: Evergrande Group Makes $83.5M Interest Payment

Faltering Chinese development firm fends off default with payment to international bondholders.

Industry News
Oct 22, 2021
FAR Establishes Borrower Engagement Division

Finance of America Reverse LLC announced its formally established Borrower Engagement Division.

Industry News
Oct 22, 2021
Automating Appraisals No Panacea For Removing Bias

With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find

Industry News
Oct 21, 2021