Carrington will use LoanScorecard’s Portfolio Underwriter to enhance its underwriting process
The lender says the deal will enhance its ability to lead in the non-QM market
The industry veteran previously held roles at Deephaven and Synergy One
NewRez joins forces with Sotheby’s International Realty affiliate in Atlanta
The program allows for loan amounts up to $2.5 million
The program offers lending options for properties of five to 100 units
Carrington’s Prime Advantage program is designed for higher-credit-quality non-agency borrowers
The council was formed to promote growth and encourage responsible lending practices in the non-prime space