Mortgage lender Stearns Lending Inc. has hired Louie Colatriano as senior vice president, margin management. In this role, he will lead efforts to profitably grow originations and maximize mortgage-production margins across all business channels, with a special focus on the company's strategic alliance business partners.
Prior to joining Stearns Lending, Colatriano served as the national accounts sales executive for the national builder division and renovation lending group at Bank of America Home Loans. In this role, he served as the senior manager responsible strategic alliances with the nation's top home builders, including KB Homes.
‘We are extremely pleased to welcome Louie to the Stearns leadership team,’ says Brian S. Hale, CEO of Stearns Lending. ‘He brings an impressive level of expertise in both business development and financial management to the company, which will enhance Stearns' ongoing efforts to boost loan production across all lending channels.’