MReport November 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 39 SPECIAL FEATURE Carrington Mortgage Services has long been dedicated to serving the underserved, making the dream of homeownership possible for many families unable to qualify for a traditional loan. Carrington's Flexible Advantage home loan product helps consumers with lower credit scores, high debt-to-income ratios, who are self-employed or need help documenting their income, or who have had a recent credit event—such as foreclosure, bankruptcy, short sale, missed credit card payments or late mortgage payments—and may not be eligible for conventional or government loan products. STAFFING STATS » Year established: 2007 » Number of employees: 1,967 » Primary locations outside of HQ: Jacksonville, Florida; Westfield, Indiana; Windsor, Connecticut BENEFITS AND PERKS The same dedication to helping consumers own their dream home is offered to Carrington Associates through the Carrington Employee Loan Program. Benefits include waiver of processing and/or underwriting fees (up to $999, depending on property state) and 0.25 percent off of rate at the time the rate is locked (e.g., 4.25 percent rate is reduced to 4.00 percent) once a Carrington Associate qualifies for a CMS home-loan program. Spouses and domestic partners are eligible. Other options include $1,000 off closing costs for qualified family members. And eligible Carrington Associates receive a $500 referral bonus for each referred family member or friend whose loan funds. Carrington offers tuition reimbursement from accredited colleges or universities. Regular full-time associates are eligible for reimbursement up to $5,250 per year, and regular part-time associates are eligible for reimbursement up to $3,000 per year. Other benefits include a company 401(k), a LeaderSHIFT leadership development program, and a commitment to promoting from within. PRAISE CORNER » Catalyst Award presented to Candace Russell, VP, Post Sale, by Council for Inclusion in Financial Services (CIFS), 2018 » Skillsoft Innovation Awards Winner, 2013 » Top 100 Learning Organization, Elearning! Media Group, 2013 » Ellie Mae Best Adoption of Automation Award, 2012 » Skillsoft Innovation Awards Winner, 2012 Percent of employees who are women: 54% Amrock is a leading national provider of title insurance, property valuations, and closing services. Their main goal is to make the real estate and mortgage financing process faster and easier for everyone. Amrock is a fintech-forward company focused on creating innovative technology to help streamline the client experience—and also the work experience of its team members. Their biggest differentiator is their people. Their passion drives Amrock's success and ensures the company is providing clients with the best possible products, services, and experience. STAFFING STATS » Year established: 1997 (as Title Source) » Number of employees: Nearly 2,400 » Primary locations outside of HQ: Coraopolis, Pennsylvania; Cerritos, California; Fort Worth, Texas BENEFITS AND PERKS » Eligible team members receive four weeks paid time off in the first year » Medical, dental, and vision coverage for full-time team members, a wellness credit and rewards for team members that meet wellness criteria and compete in wellness challenges » 401k with employer match (up to $2,500) PRAISE CORNER » HousingWire Vanguard Award (Team Member Award) » HousingWireInsiders Award (Team Member Award) » HousingWire Women of Influence Award (Team Member Award) » Women of Color STEM—Special Recognition (Team Member Award) » Coolest Offices in Pittsburgh—PittsburghBusinessTimes (Company Award) GIVING BACK » Ronald McDonald House Charities » Detroit » Pittsburgh » Orange County » Michigan Veterans Foundation (Detroit) » Gleaners Community Food Bank (Detroit) » Community Storehouse (Texas) » Sponsored walking trail ( Moon Township Park) ROOM FOR GROWTH Amrock has a continually evolving roster of professional development courses and training to help team members reach their career goals. These opportunities are open to team members and leaders who want to grow in their respective careers and roles. Amrock also offers educational incentives for team members who want to continue their education in the form of tuition reimbursement. Amrock provides on-demand team-building exercises and engagement events outside the offices so team members can get to know each other better, network, and have fun along the way. Percent of employees who are minorities: 49% HEADQUARTERS: DETROIT, MI » 888.848.5355 » AMROCK.COM JEFF EISENSHTADT, CEO; BRIAN HUGHES, PRESIDENT; JEFF HU, CIO HEADQUARTERS: ANAHEIM, CA » 888.267.0584 » CARRINGTONHOMELOANS.COM RAY BROUSSEAU, PRESIDENT; SCOTT REED, EVP, RETAIL LENDING; GREG AUSTIN, EVP, WHOLESALE LENDING Amrock Carrington Mortgage Services, LLC S E R V I C E P R O V I D E R S E R V I C E P R O V I D E R

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