Wednesday, September 28, 2011

Carrington Appoints Rick Sharga Industry Spokesman

Carrington Mortgage Holdings (“Carrington”), Santa Ana, Calif., announced today that Rick Sharga has joined the company as an Executive Vice President. In his new role, Sharga will serve as the primary industry spokesman for Carrington, and will be responsible for developing branding and marketing strategies for the Carrington Family of Companies, which includes Carrington Mortgage Services, LLC, Carrington Mortgage Services – Mortgage Lending Division, Atlantic & Pacific Real Estate, LLC, Carrington Property Services, LLC, White Van Real Estate Services, L.P., Telsi Escrow Inc., and Telsi Real Estate Solutions, LLC.

“Rick brings a skill set that is critical at this point in our company’s growth,” said Bruce Rose, Founder and Chief Executive Officer, Carrington Holding Company. “We believe that Carrington’s success story is one of the best kept secrets in the industry, and no one has a more effective track record of successfully communicating these types of messages with the press and across our industry than Rick.”

One of the country's most frequently quoted sources on foreclosure, mortgage and real estate trends, Sharga has appeared on NBC Nightly News, CNN, CBS Evening News, ABC World News, CNBC, FOX News and NPR. Sharga has briefed government organizations such as the Federal Reserve and Senate Banking Committee and corporations like JPMorgan Chase, Citibank and Deutsche Bank on foreclosure trends, and conducted foreclosure training for leading real estate organizations such as Re/Max, Prudential and Keller Williams.

Prior to joining Carrington, Sharga was a senior vice president for RealtyTrac Inc., which publishes the country’s largest database of foreclosure and bank owned properties. A sought-after speaker, Sharga has delivered keynote addresses at a wide variety of industry conferences, including the 2011 REO Expo and the 2010 Auburn University Economic Forum. Sharga is a member of the National Association of Real Estate Editors, the USFN and REOMAC. He is also president of the Technology Council of Southern California.

“We’re delighted to have Rick join the Carrington team,” said Dave Gordon, chief operating officer of Carrington Holding Company. “We’ve built a solid foundation that will enable us to become one of the leading companies in the real estate industry, and believe that Rick is uniquely qualified to help us get that message out successfully to the marketplace.”

“Carrington has one of the most unique – and most complex – business models in the industry,” Sharga said. “Clearly communicating the company’s value proposition to multiple audiences across a number of market segments poses equally unique challenges, and I’m looking forward to creating a compelling and powerful market presence for the company.”

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