Skip to main content

Research

New research
Research history

Explore

Search
Cases
Professionals

Resources

Blog
Pricing
Docs

Sign in Create account

Cases

CourtFilingsPetition dateMore filters

Case

Funded debt

Stage

Exit

Next hearing

Last activity

Petition date

Court

Stearns Holdings, LLC Bankruptcy Case

Stearns Holdings, LLC

Case No. 19-12226·New York Southern·Petition date Jul 9, 2019

Research this case Track this case Sign in

OverviewProfessionals

Key professionals

Financial Advisor

Alvarez & Marsal

Bankruptcy Counsel

Skadden, Arps, Slate, Meagher & Flom LLP

Judge: Shelley C. Chapman
Petition assets: $100M–$500M
Petition liabilities: $500M–$1B
Industry: Financial Services
Debtors: 7

Stearns Holdings, LLC is a mortgage lender headquartered in Lewisville, Texas, operating across all 50 states. The company ranks as the 20th largest mortgage lender in the United States, employing approximately 2,700 people. Its business model focuses on originating and selling residential mortgage loans through wholesale, retail, joint venture, and preferred partner channels, with 80-85% of production sold to government-sponsored enterprises. Blackstone’s private equity group holds a 70% ownership stake in the firm.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

Report a data error