Stearns Home Loans Announces Jim Linnane as National Retail President

SANTA ANA, Calif.–(BUSINESS WIRE)–Stearns
Lending, LLC
, a leading independent mortgage bank, announced today
that Jim Linnane is taking on the position of National Retail President
and will report to David Schneider, CEO of Stearns Lending. Linnane will
continue to grow Stearns’ national presence and increase volume while
expanding the business into new territories. Linnane previously served
as the Division President for Stearns Home Loans over the central and
eastern regions.

“As we continue to focus on our clear, unwavering commitment to our
customers, employees and partners, Linnane’s expertise will help drive
our national growth and continue to develop our best-in-class sales
organization focused on delivering results,” said Schneider. “Linnane is
an excellent leader with a strong background in production, who has a
history of developing strong future leaders.”

With 25 years of mortgage banking experience under his belt, Linnane is
a seasoned leader with a strong background in retail production. His
prior experience includes national sales for Guaranteed Rate and 16
years as the Midwest and East Sales leader for Wells Fargo where he had
a loan officer team of over 2,000 associates.

“Since joining Stearns, I have experienced first-hand the leadership
team’s commitment to providing a world-class value proposition for the
loan officer, the customer, and the referral partner,” said Linnane. “As
we look at the changing landscape in our industry, Stearns is well
positioned for growth and I look forward to working with our team to
ensure we remain focused on the customer and all of our sales partners
who are on the front-line every day.”

In 2018, Stearns originated over 11 billion in combined retail
production across Stearns Home Loans, joint-ventures, and preferred
partner brands Certainty Home Loans and Citywide Home Loans. Retail
continues to be a priority for the company in 2019.

About Stearns Lending, LLC

Stearns Lending, LLC is a leading provider of mortgage lending services
in Wholesale, Retail, and Strategic Alliances sectors throughout the
United States where licenses are held. In 2018, the company ranked as
the #12 non-bank mortgage lender by Inside Mortgage Finance.

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.

Contacts

Jim Anderson
Chief Marketing Officer
[email protected]
678.350.9024