Carrington Mortgage Services Expands Staff with 14 New Hires

Carrington Mortgage Services' ""Wholesale Lending Division"":http://carringtonwholesale.com/ announced it has added 14 professionals to its sales staff to better provide in-market services to brokers and borrowers.

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The Santa Ana-based company added individuals to its offices all over the United States in order to ""bolster its wholesale lending business by expanding its breadth of product and extending its market reach.""

The hiring initiative is another step in Carrington's efforts to more effectively serve brokers and their Realtor partners. Earlier this year, the company launched its 30-Day Loan Closing Program designed to create a shorter, more predictable timeline to secure financing. Also launched in 2013 was an FHA (Federal Housing Administration) Streamline Ready to Close Program, which enables borrowers to close eligible refinance loans any day of the month with no additional interest.

In addition, Carrington's Wholesale Lending Division plans to make FHA 203k loans available later in April.

""Carrington has worked diligently to refine its operational processes over the past year, enabling us and the brokers we partner with to offer an extended product portfolio backed by exceptional service,"" said Ray Brousseau, EVP of Carrington Mortgage Services' Mortgage Lending Division. ""We have significantly grown our sales staff in order to more effectively share the benefits of these advancements with a larger base of brokers, realtors and borrowers, and to support the growing demand for quality loans and flexible, expeditious closings across these groups.""