Industry NewsMortgage

Carrington expanding mortgage operations

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In a sign of optimism for what the new year will bring, the lending division of Carrington Mortgage Services is opening two operations centers in Indiana and Connecticut. The division is the residential wholesale and retail loan origination arm of Carrington Holding Company LLC, and originates loans in 40 states and Washington, D.C.  One of the new centers opened Jan. 2 at Carrington's existing mortgage servicing location in Fishers, Ind., and is headed by center manager Jeremy Milner. The other center will open Jan. 15 in Enfield, Conn., with underwriting manager Margaret Ploof at the helm. The centers will expand the Santa Ana, Calif.-based company's underwriting and processing functions in the East Coast, including speeding up turnaround times for loans and enhancing real-time service offerings, in support of its plans for growth in 2013, the company said. "We're headed into a brand-new year with an aggressive plan that calls for increasing our capacity, extending our produc...