Items Tagged with 'David Schneider'

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When Stearns Lending hired David Schneider as its new CEO back in May, the company said that Schneider would lead the company through its “next phase of growth.” On Tuesday, Stearns Lending followed up on that claim, announcing that it acquired the mortgage production channels of Primary Capital Mortgage.

Over the last the last few years, Stearns Lending saw its mortgage origination volume grow from $5.7 billion in 2011 to $26 billion last year. Overseeing that growth was CEO Brian Hale, who joined the company in 2012. But Monday, May 15, 2017 was Hale’s last day as Stearns Lending’s CEO.

When Walter Investment Management Corp. merged two of its well-known subsidiaries last year, Green Tree Servicing and Ditech Mortgage Corp, the company said that the mortgage servicing and originations businesses would be lead by David Schneider and Patricia Cook, respectively. But Monday, Walter Investment announced that Cook is leaving the company, effective immediately, and said that Schneider will be taking over both the servicing and originations operations.