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JLL purchased the company via an investment pool called JLL Partners Fund V LP, whose limited partners included the New Jersey State Investment Council and the New York State Teachers’ Retirement.
JPMorgan Chase & Co., the second-biggest U.S. bank by assets, received requests for files this year on about $8.1 billion in outstanding loans that. foreclosures in 40 states, up from 115,000.
Since 2001, Stearns Lending customers have filed a total of 60 complaints with the Consumer Finance Protection Bureau , an independent U.S. government agency that protects consumers in the financial sector. Despite many negative reviews, Stearns Lending’s CFPB response time is rated "Good," with a 91.7% customer satisfaction rating.
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