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  • FHA will not cut mortgage insurance premiums

    The Federal Housing Administration released details on the health of its flagship Mutual Mortgage Insurance Fund on Thursday, revealing a positive economic net worth of $34.86 billion and an acceptable ratio of capital reserves at 2.76%. The numbers are markedly better than last year, but FHA Commissioner Brian Montgomery said that doesn’t mean the agency will be reducing mortgage insurance premiums any time soon. Click the headline to read more.

Items Tagged with 'James Hecht'

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  • From HW Magazine

    Stearns Lending rolls out new products for customer convenience

    Supports loan officers with smart solutions that increase loan capacity
    During the last 12 months, Stearns Lending has experienced a hiring boom, revamped its corporate culture and launched a new mobile and desktop application, Stearns Digital, that allows homebuyers to complete their mortgage application 100% digitally. 
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  • Stearns Lending appoints new COO

    James Hecht promoted after 4 years with company
    Stearns Lending appointed James Hecht as its new chief operating officer and executive managing director. Over the last four years, he was instrumental in the company’s growth, and now takes on new responsibilities at Stearns.
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