TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/81276
LOCAL EDITION ORIGINATION HUD Targets Spanish-Speaking Borrowers ROLLING OUT A NEW VERSION OF ITS SPANISH-LANGUAGE WEBSITE FOR HAMP, THE GOVERNMENT GROUP IS FOCUSED ON DIVERSITY. DISTRICT OF COLUMBIA // The Department of Housing and Urban Development (HUD) has revamped its Spanish-language website for the federal organiza- tion's Making Home Affordable Program. HUD Secretary Shaun Donovan and U.S. Treasurer Rosie Rios teamed up to an- nounce the online initiative and discuss its benefits. The newly redesigned and tions for his or her particular mortgage concerns; clear and prominent information about how to contact a HUD-approved housing counselor for free help— as well as information about how to avoid scams; and addi- tional free resources for home- owners and trusted advisors to get assistance and gain knowl- edge about various programs available to help with mortgage concerns. Earlier this year, the Obama These include possible solu- administration extended the deadline for the program to December 31, 2013, and expanded the pool of eligible homeowners. optimized Spanish-language site includes new resources for struggling homeowners with interactive tools including program information that is or- ganized based on a homeowner's individual situation to provide a "path" to his or her next steps. 46 | THE M REPORT Carrington Bolsters Wholesale Lending Sales Division TAKING ON NUMEROUS NEW STAFFERS, THE COMPANY TARGETS CONTINUED GROWTH FOR ITS MORTGAGE LENDING OPERATIONS. CALIFORNIA // Carrington Mortgage Services, LLC, is bolstering its wholesale lend- ing operations, recently hiring nine new employees for the company's sales team. Adding three sales leaders, as well as six account executives, Carrington hopes to continue the expansion of the company's mortgage lend- ing division. "We are pleased to be able to attract such a high-quality group of employees, demonstrat- ing Carrington's commitment to hiring and retaining an experi- enced wholesale lending team," said Ray Brousseau, EVP of Carrington. Joining Carrington as its director of inside sales, Christopher D' 10 years in senior sales management, and he was part of Live Well Financial prior to teaming up with Carrington. 20 years of wholesale, retail, and correspondent mortgage origination experience. Additionally, D' Auria boasts Auria has role of regional sales manager for Carrington's Los Angeles area. Most recently, Gertz was with Performance Wholesale, and he has been active in both the wholesale and retail lending industries for more than two decades. As an area sales manager, Eric Gertz will take on the Christine Lacy will be a part of Carrington's operations in Orange, San Diego, and Imperial counties. Previously with Capital Solutions Financial Group, Lacy offers expertise across diverse mortgage lending verticals. Carrington's wholesale lending ments on Carrington's recent hires, noting, "These individuals bring a wealth of knowledge and skills that will help us grow our market share within the whole- sale lending space." team is also gaining six new ac- count executives in Bob Accorto, Mike Berlinski, James Finch, Kimberley Gale, Rich Marfino, and Anthony Sarvestani. Brousseau concluded his state- SECONDARY MARKET ANALYTICS SERVICING ORIGINATION