Carrington Settles Lawsuit Against AHMSI

Posted by Orb Staff on February 13, 2012 No Comments
Categories : Mortgage Servicing

10917_lawsuit Carrington Settles Lawsuit Against AHMSI Santa Ana, Calif.-based Carrington Capital Management LLC and American Home Mortgage Servicing Inc. (AHMSI), headquartered in Irvine, Calif., 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,’ says Bruce Rose, Carrington founder and CEO. ‘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 were not made public.

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