DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-94,647

STEARNS LENDING, LLC
WHOLESALE/NON-DELEGATED CLIENT APPROVAL TEAM
A WHOLLY OWNED SUBSIDIARY OF STEARNS HOLDINGS, LLC
SANTA ANA, CALIFORNIA

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor
herein presents the results of an investigation regarding
certification of eligibility to apply for worker adjustment
assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the
workers in such workers' firm have become totally or
partially separated, or are threatened to become
totally or partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of
articles or supply of services like or directly
competitive with those produced/supplied by the
workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have contributed
importantly to the workers' separation or
threat of separation.

The investigation was initiated in response to a petition
filed on March 20, 2019, by a state workforce office on behalf
of workers of Stearns Lending, LLC, Wholesale/Non-Delegated
Client Approval team, a wholly owned subsidiary of Stearns
Holdings, LLC, Santa Ana, California ("Wholesale/Non-Delegated
Client Approval"). The petition document specified a Stearns
Lending, LLC, office in Lewisville, Texas. The petitioner
confirmed that the petition was intended to cover workers at the
firm's offices in Santa Ana, California, and she specified that
the impacted business unit was the "Lending Risk Management"
department. The petitioner subsequently clarified that the
official name of the business unit was the "Wholesale/Non-
Delegated Client Approval" team.
The workers' firm is engaged in activities related to the
supply of mortgage lending services. The subject worker group,
the Wholesale/Non-Delegated Client Approval team, is a subgroup
within Stearns Lending, LLC that is engaged in activities
related to the supply of assessment and review of loan
applications.
During the course of the investigation, information was
collected from the petitioner and the workers' firm.
Section 222(a)(1) has been met because a significant
number or proportion of the workers in such workers' firm have
become totally or partially separated, or are threatened to
become totally or partially separated.
Section 222(a)(2)(B) has been met because the workers'
firm has shifted to a foreign country the supply of a service
like or directly competitive with the service supplied by the
workers which contributed importantly to worker group
separations at the Wholesale/Non-Delegated Client Approval
team.
Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of Stearns Lending, LLC,
Wholesale/Non-Delegated Client Approval team, a wholly owned
subsidiary of Stearns Holdings, LLC, Santa Ana, California,
who are engaged in activities related to the supply of
assessment and review of loan applications, meet the worker
group certification criteria under Section 222(a) of the Act, 19
U.S.C. § 2272(a). In accordance with Section 223 of the Act, 19
U.S.C. § 2273, I make the following certification:
"All workers of Stearns Lending, LLC, Wholesale/Non-
Delegated Client Approval team, a wholly owned subsidiary
of Stearns Holdings, LLC, Santa Ana, California, who
became totally or partially separated from employment on or
after March 19, 2018, through two years from the date of
certification, and all workers in the group threatened with
total or partial separation from employment on the date of
certification through two years from the date of
certification, are eligible to apply for adjustment
assistance under Chapter 2 of Title II of the Trade Act of
1974, as amended."
Signed in Washington, D.C. this 14th day of April 2019.

/s/Hope D. Kinglock
______________________________
HOPE D. KINGLOCK
Certifying Officer, Office of
Trade Adjustment Assistance