Carrington Mortgage Services announced last week that it is expanding into nonconforming wholesale lending with the acquisition of certain assets of American Home Equity Corp. Carrington and AHE each offer a variety of agency and non-agency mortgages, including jumbos of up to $1 million. “This addition will provide Carrington with an immediate proven foundation to launch our wholesale origination model on a nationwide basis,” said Steve Patton, executive vice president of mortgage lending at Carrington. AHE was founded in 2001 and originated more than ...