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Comprised of former Mortgage Loan Originators and industry experts,
our leaders understand the importance of closing a loan on time.
They share a commitment to provide you with the support necessary to safeguard and develop your customer and referral partner relationships.
Glenn Stearns' Biography
Named Ernst & Young’s “Entrepreneur of the Year” in 2003, Glenn Stearns is known for his unrivaled track record of vision into reality. What makes him different from other banking leaders is his entrepreneurial approach.
Glenn’s decades of experience in financial services have enabled him to create a new standard in the mortgage world, raising the bar on service excellence, innovative technology, effective pricing and new levels of convenience. His sharp focus on customer satisfaction has brought e-based solutions to mortgage processes, and to identify and implement a best practices approach for his lending team’s relationships with borrowers.
Glenn takes pride in knowing Stearns is not only groundbreaking but also a responsible leader in this new mortgage world, committed to meeting the expectations of today’s home buyers.
David Schneider's Biography
Mr. Schneider is a seasoned mortgage industry executive with nearly three decades of experience. Most recently, he served as the President of Ditech and Executive Vice President and Chief Operating Officer of Walter Investment Management Corp.
He has also previously held positions as President and COO of CitiMortgage, President of Washington Mutual Home Loans, Senior Vice President for Servicing Strategic Initiatives at JP Morgan Chase, and President and CEO of Vericrest Financial.
Mr. Schneider received his BSBA in Accounting from Babson College and his MBA from Indiana University.
Chief Operating Officer, Executive Managing Director
James Hecht's Biography
James brings more than 20 years of mortgage banking sales, operations and strategic partnership expertise to his current position with Stearns. As a member of the Executive Management Team, James is responsible for leading and growing strategic production channels such as Consumer Direct, Builder, Credit Union Partners, and Marketing.
James received his Bachelor of Business Administration degree for Marketing from the University of Wisconsin – Milwaukee, School of Business Administration.
Chief Information Officer, Senior Managing Director
Uday Devalla's Biography
Uday Devalla brings more than 17 years of mortgage banking technology industry expertise, having previously held executive-level technology positions with two of the largest mortgage banking companies in the nation. Currently, he oversees all aspects of information technology supporting Stearns business channels, in addition to enterprise applications and systems for all corporate processes.
Uday has a proven ability and track record for delivering cost-effective, high-performing and highly-scalable technology solutions. Before joining Stearns, he was responsible for Bank of America’s core mortgage origination systems platform, managing a $100 MM technology project portfolio. Other responsibilities included the design, development and implementation of technology initiatives in support of strategic business goals. Uday launched his career in mortgage systems at Countrywide Home Loans, rising to the position of Executive Vice President – Technology Executive.
Chief Financial Officer, Senior Managing Director
Steve Smith's Biography
Steve Smith is Chief Financial Officer, Senior Managing Director at Stearns Lending, LLC, where he is responsible for the Company’s accounting, treasury and financial activities and strategies.
As a seasoned industry professional with nearly three decades of mortgage banking and financial services industry experience, Steve has superior leadership skills and a strong background in financial systems, operational activities and compliance management systems. His expertise also encompasses all aspects of mortgage industry financing, including interaction among lenders, creditors, investment bankers, government-sponsored enterprises, the Office of the Comptroller of Currency, the Consumer Financial Protection Bureau and other regulators and investors.
Steve has held senior roles with major publicly traded financial services organizations, with private equity owned organizations, and in a top public accounting firm. At each of these firms, he played a critical role in the growth of the organization, helping to deliver successful financial performances while establishing the appropriate risk frameworks for the operations.
Prior to joining Stearns, Steve served as the CFO for Caliber Home Loans where he was responsible for providing strategic financial leadership to support growth and expansion. Earlier in his career, he held various executive positions at Bank of America Home Loans, including National Service Executive, National Sales Executive and CFO. Steve holds a Bachelor of Applied Science in Accounting from The University of Maryland College Park.
Chief Risk Officer
Allyson Knudsen's Biography
Allyson Knudsen is a seasoned executive and veteran in the mortgage industry with more than 25 years of experience. She has held several leadership positions in risk management, fulfillment operations, and various areas of originations. Her diverse background also includes experience in loan delivery, process reengineering, quality control, customer service, and risk mitigation through enhanced business controls. Before joining Stearns, Allyson served as the Executive Vice President for Wells Fargo Home Loans’ National Underwriting and Production Risk Management operation where she provided strategic leadership to the credit and collateral underwriting and operational risk function with focus on process optimization and re-engineering to reduce operational complexity while maintaining strong performance, service excellence, and continued growth. She also served in leadership roles within the Fulfillment Operations and Call Center Fulfillment functions.
Chief Legal Officer, Senior Managing Director
Tom Noto's Biography
Tom Noto serves as Chief Legal Officer for Stearns Lending, where he leads the legal and internal audit strategy for the company’s multi-channel mortgage origination, sales and servicing operations. Tom brings to Stearns an extensive and impressive legal background with a focus in the financial services industry.
Prior to joining Stearns, Tom served as Partner in the Financial Services Group for the law firm Morrison & Foerster, LLP, focusing on mortgage and consumer finance regulatory, transactional and enforcement matters, including Dodd-Frank implementation and fair lending compliance. While at Morrison & Foerster, Tom supported Stearns in the capacity of outside counsel on a number of regulatory matters.
Tom began his career as a staff attorney at the Federal Reserve Board and has internal experience from companies such as Bank of America, Lehman Brothers and ACC Capital Holdings.
Divisional President, Midwest/East
Jim Linnane's Biography
Bio coming soon!
Divisional President, Southwest
Susan Walker's Biography
Susan Walker brings more than 35 years of mortgage banking experience and an impressive track record for building successful sales organizations to her position as Regional Vice President for Stearns Lending. In this role, she leads the development and management of the Company’s retail mortgage lending sales organization in Southern California, Arizona, Nevada, New Mexico and Utah markets. In addition to developing sales volume throughout these markets, Susan is responsible for efforts to recruit and hire best-in-class Area Managers, Branch Managers and Mortgage Loan Originators in this geographic territory.
Prior to joining Stearns, Susan served as Regional Manager of the Arizona, Utah, New Mexico and the El Paso, Texas market for Wells Fargo. During her 14-year tenure at Wells Fargo, she also served as an Area Manager and Joint Venture President in the Southeast United States, where she outperformed other geographic territories in her promotion of a recruiting culture, resulting in the achievement of superior growth and production levels.
Retail VP Northern and Central California
Michael Iorio 's Biography
Mike brings 20 years of experience in banking and home financing to his role as SVP, Retail Sales Development for Stearns Lending, LLC. His career has included leadership roles with mortgage strategic partnerships and joint ventures, residential mortgage origination, underwriting, and operations, REO sales and management, Short Sales, and commercial banking.
Retail VP North Central
Brad Kolstad's Biography
Bio coming soon!
Retail VP Illinois and Missouri
Shaun Patrickus' Biography
Bio coming soon!
Retail VP Northeast
Kelley Tyrell's Biography
Bio coming soon!