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He was chief executive officer (CEO) from its founding until May 2012 when Stearns named Brian Hale, former president and national production executive of MetLife Home Loans, as his successor. Stearns Lending was the fifth-largest privately held mortgage lender in the US in 2013. Personal life
Revenue. $521.7 million (2014 [1]) Number of employees. 1,700 (2015 [1]) Website. www .stearns .com. Stearns Lending, LLC was an American wholesale, retail, and correspondent lender. Founded in 1989, it grew until it became the fifth-largest privately held lender in the US in 2013. [2] [3] [4] The company declared bankruptcy in 2019 and was ...
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company ( MLIC ), [3] better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. [4] [5] The firm was founded on March 24 ...
Home equity loan: A home equity loan is a lump-sum loan, usually with a fixed rate, fixed monthly payments and a term between five and 30 years. You’ll typically need at least 20 percent equity ...
A homeowner’s guide. Key takeaways. The benefits of a home equity loan include consistent monthly payments, lower interest rates, long repayment timelines and a possible tax deduction. The ...
Key takeaways. A mortgage is a long-term loan from a financial institution that helps you purchase a home, with the home itself serving as collateral. Mortgage payments typically consist of ...
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