Announcements

Overview During the current telecommuting work arrangement Carrington Mortgage Services, LLC (CMS) is operating under, the Carrington Client Services Department will not be taking inbound phone calls and will request […]

Overview Carrington Mortgage Services, LLC (CMS) is actively monitoring the spread of COVID-19 (coronavirus) throughout the United States and its potential impact to our borrowers and loan originations. Our ability […]

Overview Carrington Mortgage Services, LLC (CMS) is actively monitoring the spread of COVID-19 (coronavirus) throughout the United States and we understand there may be concerns about its potential impact to […]

Overview Due to current market conditions, effective immediately all Non-QM Loans delivered to Carrington Mortgage Services, LLC (CMS) must be purchased on or prior to the lock expiration date. No […]

Overview Due to current market conditions, effective March 20, 2020 and until further notice, Carrington Mortgage Services, LLC (CMS) will temporarily no longer permit a lock until the loan is […]

Overview Due to current market conditions, effective March 13, 2020 and until further notice, Carrington Mortgage Services, LLC (CMS) will temporarily suspend offering 30-day locks. CMS will still offer 15-day, […]

Overview Due to severe storms, tornadoes, straight-line winds, and flooding in Tennessee, FEMA has declared the following counties a disaster. Incident Period: March 3, 2020 State FEMA Disaster Declaration Counties […]

Overview On February 5, 2020, Fannie Mae released Lender Letter LL-2020-01 concerning the upcoming transition from LIBOR to an alternate index for all ARM products. Carrington Mortgage Services, LLC (CMS) […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following recent Carrington Advantage product Underwriting updates (highlighted in red). Please note this is an abbreviated summary of the […]

Overview Fannie Mae is eliminating lender-provided homebuyer education as an option for meeting the HomeReady Homebuyer Education requirement. Effective for loans closed March 1, 2020 and later, any Fannie Mae […]