The passage of the Protecting Tenants at Foreclosure Act heralded a new age in the rental business. Tenants were now protected from eviction, even when the property entered foreclosure.
Where others saw challenges, Deane seized the opportunity to grow Carrington’s REO-to-rental business. It took guts, but it worked.
Under Deane’s leadership, CPS has tripled its client base, and created a service platform that can be specifically tailored to each client and their specific needs and programs. With more than 27,000 properties referred since inception, and a current inventory of more than 5,000 active rental properties, CPS has collected more than $31 million in gross rent in 2012, using a proprietary rental collection method to ensure timely and accurate payment postings.
Deane is also the point person for the national rental programs that Carrington Property Services operates for one of the government- sponsored enterprises (though they won’t say which one). Taking it all in, Carrington claims to have tripled its client base in divisions where Deane is involved.
In 2014, Deane will continue to develop the company’s aforementioned property management system RentPointe, which has allowed her to reach national scale and maintain quality control over such a large-scale portfolio. Furthermore, Deane is a champion of diversity in the space. For example, women make up more than one-third of the Carrington Property Services National Property Managers Network. It wasn’t always that way. But under Deane, it reached that status nearly two year’s ago. Carrington hasn’t looked back since.
Click below to read about each of this year's 2013 Influential Women in Housing Finance:
Amy Brandt, Prospect Mortgage | Angela Cheek, Ellie Mae | Cari McCue, Guardian Mortgage | Deborah Jenkins, Freddie Mac | Dianna Serio, CoreLogic | Elsa Lewis, Williams & Williams Worldwide Real Estate Auction | Laurie Pyle, Stewart Lender Services | Lisa Binkley, Platinum Data Solutions | Maxine Waters, D-Calif. | Pamela Hughes-Patenaude, Bipartisan Policy Center | Renee Deane, Carrington Property Services | Shana Lakso, Equator | Tanya Reu, Realogy Franchise Group | Toni Moss, Americatalyst | Vicki Beal, Clayton Holdings | Debra Still, Pulte Financial Services | Elizabeth Warren, D-Mass. | Janet Yellen, U.S. Federal Reserve | Joy Cianci, Fannie Mae | Laurie Maggiano, Consumer Financial Protection Bureau