Carrington Capital Management, American Home Mortgage Servicing Announce Lawsuit Settlement
Resolution of Carrington Asset Holding, LLC, ET Al. Plaintiffs, v. American Home Mortgage Servicing, Inc., Defendant
(firmenpresse) - SANTA ANA, CA -- (Marketwire) -- 02/10/12 -- Carrington Capital Management, LLC ("Carrington"), a subsidiary of Carrington Holding Company, LLC, and American Home Mortgage Servicing, Inc. ("AHMSI") announced today that they have entered into an agreement that brings to a close the action filed by Carrington against AHMSI in 2009 and resolves the disputes reflected in the action, along with any other disputes between the parties in the past.
"We look forward to a productive relationship with AHMSI going forward," noted Carrington Founder and CEO Bruce Rose. "The market has changed dramatically over the past few years, and both companies have decided that we're better off working together than fighting past battles."
The terms of the agreement are confidential.
is the parent company for the Carrington Family of Companies, which includes vertically integrated operating businesses that direct every aspect of the life cycle of single family assets. Its core capabilities include investment and fund management, residential mortgage special servicing and origination, property management and maintenance, and real estate sales and settlement services.
With more than three decades of experience and guided by a consistent philosophy, Carrington has built the infrastructure necessary to maximize value during any market cycle. Its affiliate companies include Carrington Capital Management, LLC, , , , and Telsi Real Estate Solutions, LLC. Carrington Mortgage Services, LLC is an equal housing opportunity lender. To learn more about Carrington Holding Company, visit our website at .
Contact:
Rick Sharga
866-289-4147
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Datum: 10.02.2012 - 21:00 Uhr
Sprache: Deutsch
News-ID 113509
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SANTA ANA, CA
Kategorie:
Personal Finance
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"Carrington Capital Management, American Home Mortgage Servicing Announce Lawsuit Settlement"
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