Mortgage company bolsters non-QM lending capabilities with key move
Specialist lender Carrington Mortgage Services (CMS) has strengthened its non-qualified mortgage (non-QM) expertise with the hiring of a marketing leader from Angel Oak Lending.
CMS has hired Steven Winokur (pictured) as its new vice president of marketing and third-party origination to expand its non-QM offerings. Winokur joins from Angel Oak, where he served as chief marketing officer.
“Winokur established a reputation as a non-QM virtuoso; and now he is putting that extensive knowledge of all things non-QM to work for CMS,” the nonbank said in its Press release. “Winokur’s significant expertise in marketing strategy, brand development, marketing communications and digital marketing is expected to quickly build on existing marketplace momentum for Carrington’s diverse non-QM offerings.”
In his new role, Winokur will lead marketing strategies for CMS’s third-party origination services, focusing on enhancing the company’s offerings in non-agency loans.
In the past two months, Carrington has launched new loan products through its retail, wholesale and correspondent lending channels, including closed-end fixed-rate second lien products and ITIN loans.
“Non-QM is an important part of Carrington’s commitment to potential homeowners with non-traditional kinds of income,” commented Greg Austin, executive vice president of lending at CMS. “During his career, Steven Winokur has demonstrated a unique understanding of non-QM, and we are proud to add his expertise to CMS, allowing us to better serve American homeowners.”
Read more: Is a banner year ahead for non-QM lending?
“Steven Winokur has a reputation for driving revenue and market share growth with a unique combination of aligning brand development, strategic communications and tactical execution,” said Samuel Bjelac, who recently rejoined CMS as senior vice president of national sales, third-party origination. “The addition of his expertise to our combination of loan programs, leading-edge technology and imminently capable operations teams demonstrate that CMS is more committed than ever to providing steadfast non-QM support to our mortgage industry partners.”
“Non-QM loans are a vital part of the loan mix for Carrington’s customers,” Winokur said. “We have a responsibility to make loans that are based on bank statements and other non-W-2-related financial documents available to ensure all Americans have an equal opportunity to achieve their dream of homeownership or purchase investment properties to secure their financial future.”
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