How midsize lenders are surviving the mortgage squeeze
Summary by HousingWire
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How midsize lenders are surviving the mortgage squeeze
Mortgage veteran Glenn Stearns is taking a different approach with his latest venture. Kind Lending, a national wholesale mortgage lender and his second brainchild, is built on lean operations and a focus on efficiency — a contrast with his first company, Stearns Lending, which filed for Chapter 11 bankruptcy in 2019. “This is not our first rodeo,” Stearns said in an interview with HousingWire. Private equity giant Blackstone conducted the S…
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