Glenn Stearns, star of Discovery Channel’s Undercover Billionaire, has announced the launch of his next venture, Santa Ana, Calif.-based Kind Lending LLC
. Stearns will serve as founder and chief executive officer of Kind Lending, as the firm will be dedicated to putting people before profit, while maintaining transparency and integrity in lending standards, looking to introduce a contemporary approach to mortgage banking.
Yvonne Ketchum will serve as president of Kind Lending, who will be joined by Chief Technology Officer Mark Russell, Senior Vice President of Business Initiatives Mellissa Rugh; and Senior Vice President of Marketing Christy Mindell.
"Glenn is the type of person I would’ve worked for again in a heartbeat. He is truly kind, inspirational, gutsy and driven,” said Ketchum. "When he called, I jumped at the chance to launch this new venture with him. We are thrilled to introduce Kind Lending to the world. That's Kind as in nice, caring and helpful. It will be a game-changer, and we can’t wait to show everyone how different, fresh and real mortgage lending can be.”
After 10 months of working as a mortgage loan originator, Stearns emerged in 1989 at the age of 25 as the founder and CEO of Stearns Lending LLC, becoming one of the largest lenders in the country before it was sold to private equity firm Blackstone. In 2002, Stearns was honored by Ernst & Young’s prestigious Entrepreneur of the Year Award, and in 2011, he was awarded with the Horatio Alger of Distinguished Americans Award and was elected as its youngest serving board member.