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Stearns Holdings, the parent company of Stearns Lending, announced Tuesday the company has filed for Chapter 11 bankruptcy and reached an agreement with majority equity holder Blackstone on a.
Approved Lending Institution . Stearns Lending, LLC, is an FHA Approved Lending Institution, and is not acting on behalf of or at the direction of HUD/FHA or the Federal government.
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Santa Ana’s Stearns Holdings LLC, the country’s 20th-largest mortgage lender, filed for chapter 11 protection this morning in U.S. Bankruptcy Court in New York. The company listed assets and.
The parent of mortgage lender stearns lending filed for bankruptcy after agreeing with majority owner Blackstone Group to a debt-restructuring plan that will erase more than $180 million in bond.
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ResCap filed for bankruptcy last year. As global head of mortgages, asset-backed securities, and commercial mortgage-backed securities at Bear Stearns, he oversaw the underwriting and securitization.
Stearns Lending’s policy is to treat all applicants and borrowers in a fair and consistent manner and without regard to race, color, religion, national origin, age (provided the applicant or borrower has legal capacity to enter into a binding contract), sex, marital status, disability, familial status, receipt of public assistance, or exercise of rights under the Consumer Credit Protection.
SANTA ANA, Calif., Jun 06, 2017 (BUSINESS WIRE) — Stearns Lending, LLC, a leading provider of residential mortgage lending services in Wholesale, Retail, Strategic Alliances and Consumer Direct.
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Stearns Holdings, the parent company of residential mortgage lender Stearns Lending, filed for Chapter 11 protection tuesday morning after agreeing on a debt-restructuring plan with majority owner.