National lender and servicer Carrington Mortgage Services (CMS) has expanded its mortgage origination unit by purchasing certain assets of American Home Equity Corp. (AHE). Mortgage lender AHE is based in Irvine, CA based.

Key personnel that will be joining Carrington with the purchase include Alan Pott, AHE’s president that has over 20 years of experience in the loan origination industry. A staff of 40 wholesale lending professionals will also be part of the AHE merger into CMS.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.