Carrington Mortgage Services Hires Brad Nease as Senior Vice President, Capital Markets
• 28-Year Industry Veteran to Lead Company’s Secondary Marketing Efforts
November 21, 2011 – Santa Ana, CA -- Carrington Mortgage Services, LLC (“Carrington”) today announced the hiring of Brad Nease as senior vice president, capital markets. In this new position, Mr. Nease will lead the secondary marketing efforts for the company’s fast-growing loan origination business, and will be responsible for product development, investor relations, loan trading and warehouse lending.
“We’re pleased to add someone with Brad’s experience and expertise to our team,” said Steve Patton, Carrington’s executive vice president of mortgage lending. “These are clearly challenging times in the secondary market, and having someone with Brad’s track record and skills will help us manage these challenges and position our company for continued success.”
Mr. Nease comes to Carrington from ICON Residential Lenders where he was COO of Capital Markets. Prior to that, Mr. Nease was a partner for 12 years with the hedge advisory firm Mortgage Capital Management, and previously held executive management positions with IndyMac Bank, Impac Funding Corporation, and Cal Fed Bank.
A graduate of Point Loma Nazarene University with a BA in Business Administration and Economics, Mr. Nease and his wife Holly live in Dana Point, where he is able to indulge regularly in his lifelong hobby of surfing.
About Carrington Mortgage Services - Mortgage Lending Division
Carrington Mortgage Services, LLC – Mortgage Lending Division offers residential loans nationally, through retail and wholesale channels. With an experienced sales force, Carrington’s advanced technology lending platform is focused on producing high quality loans and problem-free transactions. Noted for its high-touch customer service, Carrington is committed to providing superior loan experiences for retail and wholesale customers. The company is based in Santa Ana, California, and is licensed in 37 states. Carrington Mortgage Services, LLC is an equal housing opportunity lender. To learn more about Carrington Mortgage Services, visit www.carringtonhomeloans.com.
About the Carrington Family of Companies
Founded in 2003, the Carrington family of companies has evolved from a mortgage credit asset manager into a vertically integrated specialty finance company. Together, the Carrington family of companies directs every aspect of the life cycle of single family residential assets - from investment and origination through asset management and disposition. The Carrington family of companies now includes more than 80 local real estate, mortgage lending and servicing, property management and property preservation offices nationwide.
To learn more about Carrington Holding Company, visit www.carringtonhc.com.
Contact:
Media Line, (866) 289-4147