Carrington Mortgage Services Names Industry Veteran Rey Maninang Senior Vice President and National Sales Director for Wholesale Lending

Company continues its commitment to expanding the reach of its wholesale channel 

AUGUST 6, 2013 – SANTA ANA, CA – The Wholesale Lending Division of Carrington Mortgage Services, LLC (Carrington) today announced the appointment of industry veteran Rey Maninang to Senior Vice President and National Sales Director for the company’s wholesale channel. This decision reflects Carrington’s ongoing commitment to strengthening its leadership team and to better serving consumers and brokers through its wholesale lending operation.
In his new role, Maninang will assume responsibility for overseeing Carrington’s wholesale production sales team, providing strategic direction and managing funded volume, profitability, revenue and  recruitment to increase market share, operational and customer metrics, as well as driving customer service initiatives for growth and retention. He comes to Carrington with an industry history spanning more than 20 years – the majority of which he spent in senior leadership positions. Most recently, he served as Senior Vice President and National Head of Sales for PMAC Lending Services’ wholesale and retail channels.
“I’m pleased to welcome Rey Maninang as Senior Vice President and National Sales Director for our wholesale lending operation,” said Ray Brousseau, Executive Vice President of Carrington Mortgage Services, LLC’s Mortgage Lending Division. “Carrington’s continued growth plan for wholesale lending calls for increasing our capacity, expanding our offerings and widening our reach into new markets – all of which will require the expertise and guidance of a strong leader. With Rey’s knowledge, passion and enthusiasm, I’m confident in his ability to lead our wholesale team toward effectively meeting the increasing demands of the market and providing enhanced service to our growing customer base.”
About Carrington Mortgage Services - Mortgage Lending Division
Carrington Mortgage Services, LLC (Carrington) is a residential wholesale and retail loan origination subsidiary of Carrington Mortgage Holdings, LLC. The company is licensed to originate loans in 41 states, the District of Columbia and Puerto Rico, with an experienced team focused on producing high quality loans and error-free transactions. Carrington’s advanced technology platform and high-touch customer service provide superior loan origination experiences for retail and wholesale customers alike. Founded in 2007, Carrington is based in Santa Ana, California and is an equal housing opportunity lender. To learn more about Carrington’s wholesale lending division, visit www.CarringtonWholesale.com.