Tagged: Carrington Mortgage Services

Both lenders point to financial strength and continued investment in broker partnerships amid rising rates, even while Non-QM production grows

Newrez, Carrington, and ServiceMac are among the servicers committed to ValonOS as the company takes aim at legacy servicing infrastructure

Fannie and Freddie are giving some lenders more time to adopt UAD 3.6, meaning mortgage brokers may need to navigate different appraisal requirements across wholesale partners

Deal adds approximately 810,000 loans and clears the way for Carrington to make ValonOS its core servicing platform

Kastle’s technology will autonomously handle borrower interactions, assist contact-center employees and review every customer exchange for quality control

Partnership includes acquisition of Valon Mortgage, adds roughly 800,000 loans to Carrington’s platform and deepens the lender’s expansion across servicing, retail and Non-QM

National wholesale lender named industry vet Greg Austin executive vice president of wholesale to lead national broker engagement, drive channel growth, and expand the company’s wholesale footprint

Under terms of the deal, Carrington Holding Company will add a direct-to-consumer retail channel to create a more balanced, competitive, and resilient mortgage platform

How originators can capture growth beyond the agencies.

Company also accepts DSCR loans in more than 35 states, now including Massachusetts