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52 Property Valuations Index SPECIAL ADVERTORIAL SECTION CARRINGTON PROPERTY SERVICES, LLC KEY PERSONNEL Kevin Cloyd President Michael Dorner Senior Vice President Matt Sewell Vice President Mike Chew Vice President Tom Huddleston SVP, Institutional Business Channel BUSINESS LINES/SERVICES: » Single-family valuations and diligence » Asset management » Property management CORPORATE STRENGTHS: » Reliable, proven performance » Risk management » Capacity and scalability » National presence » Local market expertise » Competitive pricing » Transparency » The latest technology capabilities » Vendor quality control » Business process expertise NETWORK CAPACITY: » Valuations network: 9,000 » Internal agent network: 2,000+ » Referral agent network: 5,000 » Field services vendor network: 500+ » Property manager network: 300+ INDUSTRY RECOGNIITION: » Morningstar MOR RV1 ranking 2014,2015, & 2016 » SAS 70 Report 2010, 2012 » SSAE 16/SOC 1 Type II Report 2013, 2014, 2015, 2016 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, 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 originations, servicing, and investment affiliates of the Carrington family of companies, as well as 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 drives at providing more accurate and reliable tools through the combination of Carrington's 14 years of practice and the integration of comprehensive data and market analytics. REGULATORY COMPLIANCE: All reviews are performed in accordance with state and federal laws as they 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 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. 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. COMPETITIVE ADVANTAGE: Carrington is a unique provider of valuation-related services that grew from its desire to find solutions that better meet its clients' needs in an ever- changing market. During the past 14 years, Carrington has focused on their ability to provide accurate and reliable results to help its clients maximize returns in non- performing loan trading, servicing distressed assets, and SFR rental acquisitions and management. WHAT ADDED VALUE DO YOU BRING TO YOUR CLIENTS?: CPP is a member of the Carrington family of companies which has approximately 4,000 employees and offers products and services for the full life cycle of the single- family residential market. CPP offers the expertise and resources of a valuations company, coupled with the legal, compliance, management, technology, and business knowledge of all of the firm's affiliates. WHAT ARE THE KEYS TO YOUR 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 processing, meeting timelines, and providing quality. CPP has a dedicated and experienced staff that is constantly looking for ways to improve and refine its products in order to help clients meet their operational and financial goals. INDUSTRY AWARDS & ACCOLADES: In May 2014, Carrington Property Services received Morningstar's highest rating, MOR RV1 (affirmed in both 2015 and 2016), for both institutional asset management and rental property management. Both service verticals are supported by CPP's services and analytics. Since 2007, CPP has deployed their proprietary diligence product in the acquisition of $8.8 billion in non-performing loans, and performed over 36,000 diligence and collateral reviews in support of trading operations. Since the launch of a new technology platform in 2013, CPP has completed over 125,000 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. Nationwide coverage Anaheim, CA Corporate Headquarters PROPERTY SERVICES