""Carrington Mortgage Services, LLC"":http://www.carringtonhomeloans.com has announced the hiring of Brad Nease as SVP, capital markets.[IMAGE]
In this newly created position, Nease will lead the secondary marketing efforts for the company's growing loan origination business, and will be responsible for product development, investor relations, loan trading, and warehouse lending.
Nease has more than 28 years' experience in the industry. He joins Carrington from ICON Residential Lenders, where he was COO of capital markets.[COLUMN_BREAK]
Prior to that, he 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.
""We're pleased to add someone with Brad's experience and expertise to our team,"" said Steve Patton, Carrington's EVP 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.""
Carrington Mortgage Services is based in Santa Ana, California, and is licensed in 37 states. It's part of the Carrington family of companies, which provides services for the life cycle of single-family residential assets Ã¢â‚¬" 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.