Stearns Lending continues expansion, buying piece of Citywide Home Loans

Stearns Lending continues expansion, buying piece of Citywide Home Loans
Over the last few years, Stearns Lending has been in growth mode, rolling out new loan programs and acquiring new lending channels, and it appears the company is not done growing yet. Stearns announced Tuesday that it plans to acquire an equity interest in Citywide Home Loans, an independent mortgage bank with operations in 36 states.
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