The Carrington Companies names Brett Wilbur as CIO

By Housing News



The
Carrington
Companies


has
promoted
Brett
Wilbur
to
the
position
of
chief
information
officer.
He
will
succeed
Brent
Rasmussen,
who
will
retire
in
early
July. 


It’s
the
second
leadership
change
for
the
company
this
year.
Wilbur
will
report
directly
to
Andrew
Taffet,
the
company’s
chief
investment
officer,
who
was
also
tapped
as
CEO
in



March


In
his
new
position,
Wilbur
will
oversee
all
information

technology

aspects
of
the
company
and
continue
to
optimize
its
existing
infrastructure
and
systems,
Carrington
said
in
a
news
release.  


“During
the
past
17
years,
I
have
had
the
privilege
of
working
alongside
Brett
and
witnessed
his
unwavering
dedication,
thought
process
and
technical
ability,”
Taffet
said
in
a
prepared
statement.
“His
understanding
of
Carrington’s
vision
and
goals,
along
with
his
commitment
to
technical
excellence,
make
him
a
perfect
fit
for
the
role.”


Wilbur,
who
joined
Carrington
in
November
2006
as
associate
director,
said
the
company
is
well
positioned
from
an
information
technology
standpoint. 


Carrington’s
primary
business
includes
single-family
mortgage
asset
management;
mortgage
origination
in
the
retail,
wholesale
and
correspondent
spaces;
servicing;
and
real
estate
sales
and
settlement
services. 


In
the
mortgage
space,



Carrington
Mortgage
Services


provides
nonqualified
mortgages
(
non-QM),
conventional
loans
and
government-backed
loans
through
the

Federal
Housing
Administration

(
FHA),

U.S.
Department
of
Veterans
Affairs

(
VA)

and

U.S.
Department
of
Agriculture

(
USDA)

programs.


The
company
services
loans
in
all
50
states
and
Puerto
Rico.
According
to
data
platform


Modex
,
Carrington
originated
$1.38
billion
in
mortgage
volume
in
2023
across
7,193
units.
Year
to
date,
its
total
mortgage
production
is
$850
million. 


The
lender
had
283
sponsored
mortgage
originators
as
of
June
18,
according
to
the


Nationwide
Multistate
Licensing
System


(NMLS).

 

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