It’s been a difficult lending environment for everyone in our industry. Originators are working harder than ever for every transaction, and many talented people have been impacted by the tough decisions companies have had to make. I have a great deal of respect for the brokers and correspondent partners who continue to stay focused on their borrowers, adapt to the challenges and keep moving forward, despite the headwinds.
Carrington Mortgage Services has navigated every type of market cycle during the past 20 years, from rising and falling rate environments to periods of significant market disruption. Each cycle has strengthened our organization and sharpened our ability to serve borrowers and business partners.
That strength is rooted in our diversified platform. Our lending and servicing businesses work together to create balance across all market conditions, while the acquisitions of Valon Mortgage and Reliance First Capital have expanded our servicing portfolio to approximately $448 billion, further enhancing our scale and capabilities.
That foundation allows us to continue investing in non-QM lending. Together with our partners, we develop unique guidelines and credit decision criteria that enable us to create financing solutions for self-employed borrowers, real estate investors and others whose financial profiles don’t fit traditional agency lending. It's why we say, More Borrowers Fit Here.
Our commitment to the broker and correspondent channels remains strong. We continue to invest in people, technology and programs designed to help our partners grow their business and better serve their borrowers. Market conditions will continue to evolve, but opportunity follows every cycle. Carrington is fully positioned to help our partners capitalize on what’s next.
If you’re already approved with us, contact your Account Executive to discuss the opportunities in your pipeline. If you’re not yet approved, I encourage you to get started today.
Massachusetts – correspondent lending activities are exempt from licensing requirement in Massachusetts. Such exemption allows Carrington Mortgage Services, LLC to purchase Massachusetts loans from Correspondent Lenders.
NOTICE: All loans are subject to credit, underwriting, and property approval guidelines. Offered loan products may vary by state. There is no guarantee that all borrowers will qualify. Restrictions may apply. This is not a commitment to lend. Terms, conditions, and programs are subject to change without notice. This information is for mortgage professionals only and is not intended for distribution to consumers. Carrington Mortgage Services, LLC is not acting on behalf of or at the direction of HUD/FHA or any government agency. All rights reserved.
