Tag Archives: Carrington

Rick Sharga, EVP, Carrington Mortgage Holdings spoke to MReport on how Carrington is helping this set of borrowers achieve their dream of homeownership and the difference between non-prime loans and the subprime loans issued prior to the Great Recession.

From new leadership announcements and acquisitions to new technology and products catch the latest buzz in mortgage lending in this weekly update.

California-based Carrington Mortgage Holdings has announced that Rick Sharga has rejoined the company as an EVP. In this role, Sharga will serve as the primary spokesman for Carrington, and will ...

Carrington Holding Company has named Rudy Orman as managing director of business development for Carrington Mortgage Holdings, according to an announcement from the firm.

To assist brokers in providing loans to credit-challenged borrowers, Carrington Mortgage Services announced the elimination of its underwriting fee in its wholesale division.

Carrington Mortgage Services announced the appointment of David Grosteffon as divisional sales manager for strategic accounts at the company's wholesale lending division.

Santa Ana, California-based Carrington Mortgage Services announced last week its intention to expand into the Central Indiana city of Westfield.

Carrington Mortgage Services now has a fifth retail lending branch in Virginia, with a 25-year finance veteran leading the operation.

Moving forward in its efforts to expand lending options for non-prime borrowers, Carrington Mortgage Services, LLC announced the appointment of a new national sales director hired to focus on what the company says is an underserved market.

According to a company release, Carrington has lowered its minimum credit requirements to a FICO score of 550 and expanded its guidelines on certain loan programs under the Federal Housing Administration (FHA), Veterans Affairs (VA), and U.S. Department of Agriculture (USDA), extending eligibility to more property types and reducing overlays.