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Carrington Implements LoanScorecard’s Portfolio Underwriter for Non-QM Pricing
Carrington Mortgage Services has announced LoanScorecard’s non-agency AUS, Portfolio Underwriter, as its non-QM pricing & scenario tool.
“We are committed to providing our broker and correspondent partners with solutions to help better serve their borrowers and grow their business,” said Greg Austin, EVP of Carrington Mortgage Services. “By implementing LoanScorecard’s technology in our IQual AUS tool, our broker and correspondent partners can quickly and confidently inform potential borrowers of automated loan approvals through an easy-to-use solution to help them select the best Carrington non-agency loan product for their customers.”
Raj Parekh, managing director of LoanScorecard, said: “As more lenders, like Carrington, develop expertise in non-agency lending, they need the right technology at their disposal to bring efficiency to their origination and underwriting processes. Our Portfolio Producer solution allows Carrington to deliver immediate feedback on eligibility, pricing, and guideline analysis to improve the overall mortgage experience for all parties involved.”
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