Carringtons Wholesale Division Eliminates Underwriting Fee

first_img Share To assist brokers in providing loans to credit-challenged borrowers, Carrington Mortgage Services announced the elimination of its underwriting fee in its wholesale division.Effective immediately, brokers working with the company will be able to provide a more direct path to disclose and fund loans in a compliant manner without having to deal with the added cost of an underwriting fee.The California-based company said dropping the underwriting fee is aligns with its focus on accelerating and enhancing its ability to “give the underserved market the attention it deserves.””In an increasingly competitive lending environment, organizations like Carrington are standing out and succeeding by being in a position to offer additional easy to use and efficient services to the broker community, along with a predictable level of service,” said Ray Brousseau, EVP of Carrington Mortgage Services’ Mortgage Lending Division.He continued, “Eliminating the underwriting fee simplifies the process for mortgage brokers, providing more of an opportunity to focus on meeting the needs of consumers, while delivering on Carrington’s service proposition.” Carrington Company News 2014-10-09 Tory Barringer Carrington’s Wholesale Division Eliminates Underwriting Feecenter_img in News, Origination October 9, 2014 495 Views last_img read more

When Seabourn Odyssey debuted in Venice last month

first_imgWhen Seabourn Odyssey debuted in Venice last month, the intimate, 450-guest vessel was hailed by one cruise expert as “game-changer.” And as its maiden season continues, one of the ways the first new luxury cruiser in over six years is actually changing the game is quickly becoming clear—by attracting younger, affluent travelers to cruise with them for the first time.Seabourn Odyssey’s first two sold-out, seven-day voyages, sailing among the Greek Isles and along the coast of Turkey, carried nearly 40 percent more first-time guests than Seabourn’s average. And those guests averaged 10 percent younger than the line&rsquos long-time loyal following—the number of guests under 45 years of age exceeded the norm by 64 percent.“From the very beginning, we designed our new class of yachts to appeal to a young, sophisticated traveler,” said Pamela Conover, Seabourn’s president and CEO. “We took the personalized service and attention to detail that Seabourn has always offered, and added features and amenities that younger guests appreciate,” she continued. “We are delighted to see our target audience flocking to Seabourn Odyssey.”Odyssey is rich in details that appeal to a new breed of upscale travelers: expansive outdoor dining venues, a state-of-the-art gym and the largest spa facility on any luxury vessel; complimentary watersports from Odyssey’s own marina; the relaxed, club-like atmosphere created by all-inclusive beverage service and open-seating dining. And there are savvy touches that delight a hip, worldly crowd, such as the avant-garde tasting menus served in the intimate Restaurant 2, the pizza oven and gelateria by the pool and the European-style coffee bar in the comfy confines of Seabourn Square.Another feature that attracts younger travelers is Odyssey’s ability to visit smaller ports such as Kotor in Montenegro or the Greek isle of Khyos that are off the usual tourist track, making for a more authentic travel experience.www.seabourn.comlast_img read more