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50 Property Valuations Index SPECIAL ADVERTORIAL SECTION CARRINGTON PROPERTY SERVICES, LLC KEY PERSONNEL Michael Dorner SVP Devin Demers Director Tom Huddleston SVP, Institutional Business Channel GEOGRAPHICAL SCOPE AND COVERAGE AREA CPP offers national coverage. KEY FEATURES/BENEFITS CPP's products and services are technology-based and integrate MLS data to provide a more efficient and reliable result. CPP's history of supporting its capital markets, servicing, and originations affiliates allows it to appreciate the needs of clients from their perspective. CORPORATE DETAILS: 1600 South Douglass Road, Ste. 130A, Anaheim, CA 92806 | 866.225.1780 | Information@CarringtonPS.com | CarringtonPS.com COMPANY DESCRIPTION Carrington Price Pointe (CPP), a division of Carrington Property Services, LLC, (CPS) is focused on providing diligence and valuation-related services to the mortgage and residential real estate investment industries. CPP has leveraged years of experience providing services to the origination, servicing, and investment affiliates of the Carrington family of companies, as well as to external clients, to develop solutions tailored to the specific needs of each group. Carrington offers its clients creative and customized solutions based on each client's needs while providing insights it has honed over the years. COMPANY HISTORY Carrington began by providing multiple valuation and diligence services in 2003. The unprecedented market conditions experienced from 2007 onward spurred the development of additional products intended to better account for the dynamic market conditions. In 2013, CPP launched an enhanced platform that provides more accurate and reliable tools by combining Carrington's 15 years of industry expertise with integrated comprehensive data and market analytics. REGULATORY COMPLIANCE All reviews are performed in accordance with state and federal law as it pertains to asset valuation. BUSINESS LINES, SERVICES, AND PRODUCTS CPP currently offers a full suite of services to support residential mortgage originations and servicing, residential mortgage investments and securitization, and single-family rental (SFR) investment, securitization, and sales. Diligence services include proprietary products that incorporate an agent's inspection and local market expertise with a traditional collateral review and reconciliation. COMPETITIVE ADVANTAGE Carrington is a unique provider of valuation-related services that is rooted in its commitment to delivering solutions that best meet its clients' needs in an ever- changing market. For the past 15 years, Carrington has focused on providing accurate and reliable results to help its clients maximize returns in non-performing loan trading, servicing distressed assets, and SFR rental acquisitions and management. ADDED VALUE TO CLIENTS CPP is a member of the Carrington family of com- panies, which has more than 3,700 associates and employees and offers products and services for the full lifecycle of the single-family residential market. CPP provides the expertise and resources of a valuations company coupled with the legal, compliance, manage- ment, technology, and business knowledge of all of the company's affiliates. KEYS TO SUCCESS CPP understands the goals and needs of its clients. The CPP team is experienced in managing to a financial return goal as well as to process, timelines, and quality. CPP's dedicated and seasoned staff is continuously pursuing ways to improve and refine its products, all to help clients meet their operational and financial goals. INDUSTRY AWARDS & ACCOLADES In 2017, Morningstar assigned its highest ranking, MOR RV1, to CPP. With the initiation of this ranking, CPP joins CPS' institutional asset management and rental property management divisions that have held the MOR RV1 ranking since 2014 (reaffirmed in 2015, 2016, and 2017). Both service verticals are supported by CPP's services and analytics. Since 2007, CPP has deployed their proprietary diligence product in the acquisition of $9.9 billion in non-performing loans and performed over 48,000 diligence and collateral reviews in support of trading operations. Since the launch of a new technology platform in 2013, CPP has completed over 159,000 BPOs. Additionally, CPP was an early entrant to the SFR rental diligence space and has performed diligence on nearly $2 billion in SFR rental assets. » Morningstar MOR RV1 ranking 2014, 2015, 2016, 2017 » SAS 70 Report 2010, 2012 » SSAE 18/SOC 1 Type II Report (formerly known as SAS 70 and SSAE No. 16) 2013, 2014, 2015, 2016, 2017 Nationwide coverage Anaheim, CA Corporate Headquarters PROPERTY SERVICES