Flanagan has more than 30 years of experience in the mortgage industry, including more than 15 years of C-level experience. His leadership positions prior to joining Carrington have included CEO and founder of Cove Financial Group and Managing Director of Mortgage Trading for Cerberus Capital Management.
As EVP of Carrington’s Wholesale Lending Division, Flanagan will concentrate on expanding Carrington’s Wholesale Channel with a strong focus on maximizing the ease of use for the broker community, according to the announcement.
“Pat is a dynamic team builder, with strong lending finance and capital markets experience,” said Ray Brousseau, Executive Vice President of Carrington Mortgage Services, LLC’s Mortgage Lending Division. “We have an extraordinary opportunity adding Pat to Carrington’s senior leadership team, and I am confident his presence will accelerate our commitment to our growing wholesale platform.”
Carrington is a holding company whose primary businesses include asset management, mortgages, real estate transactions, and real estate logistics. The company is headquartered in Anaheim, California.