Circle of Excellence: Rules

Circle of Excellence 2013 
Incentive Contest Rules
August 1, 2013 – November 15, 2013
Wholesale Lending Division

Timing:

  • All funded loans as of August 1st, 2013 through November 15th, 2013.
  • All Rankings Provided Monthly EG: August Results provided 1st week of September.
  • Final Rankings Provided November 18th, 2013.

Categories:
Winners will be from the following categories:

  • Regional Sales Managers: The top volume producer in each division, 3 total.
  • Top Volume, Account Executives: The top two volume producers in each division, 6 total.
  • Top Units, Account Executives: The top unit producer in each division, 6 total.
  • 1 Wildcard Winner: To qualify for wildcard must fund on average $3 MM or more per month.  Selected by SVP of Wholesale Lending.

Total of 16 Winners 
Winners Will Receive the Following:

  • Incentive Contest Winners will receive travel and hotel stay at the [Insert Location], dates are estimated to be December 6th – 9th or December 13th-16th.
  • Award
  • Logos for Email Signatures

2013 Circle of Excellence terms and conditions:

  • Associates must meet the definition of an Eligible Participant as defined in the current Compensation Plans for each position respectively.
  • Non-cash awards may not be exchanged for cash and do not have a cash value
  • This contest is only applicable for dates specified
  • All Terms & Conditions outlined in the current associate Compensation Plans apply respectively.
  • Associates must remain employed during the contest period and actively employed at the time of payment/award.
  • All amounts are subject to all applicable with-holdings.
  • Carrington Mortgage Services, LLC reserves the right to modify, alter or otherwise terminate this contest at its sole discretion.
  • All Reporting is final as announced and utilizes Carrington’s current production reporting,
  • Wildcard may be chosen only by the SVP of Wholesale Lending or the EVP of Mortgage Lending.

Government Agency Approvals

FHA Non-Supervised Mortgagee Approval #:
24751-0000-5
VA Automatic Lender Approval #:
902324-00-00

Mortgagee/Loss Payee Clause

Carrington Mortgage Services LLC
ISAOA/ATIMA
P.O. Box 692408
San Antonio, TX 78269-2408

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This information is provided for your convenience and Carrington Mortgage Services, LLC makes no warranties concerning the accuracy or completeness of any of the information. This is not financial or legal advice and should not be taken as such. This information is for mortgage professionals only and is not intended for distribution to consumers.
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An Equal Housing Opportunity Lender. Copyright 2007 - 2023 . Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS ID # 2600. Toll Free # 800-561-4567. All rights reserved. Restrictions may apply. All loans are subject to credit, underwriting and property approval guidelines.  Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site: www.nmlsconsumeraccess.com.

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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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