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.