Overview Due to severe storms, straight-line winds, tornadoes, and flooding in Oklahoma, FEMA has declared the following counties a disaster. Incident Period: May 07, 2019 and continuing State FEMA Disaster […]
Announcements
Overview The City of Philadelphia has advised that currently, all computer systems in the Prothuonotary's (Chief Clerk’s) office at city hall, as well as all court websites are down. Due […]
Overview Carrington Mortgage Services, LLC (CMS) has made an immediate adjustment to the Correspondent Rate Lock policy. Effective, May 14th, 2019, the Lock Desk will no longer process any lock […]
Overview The Lock Desk will be closed on Monday, May 27, 2019 for Memorial Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, May 28, 2019. […]
Overview Due to severe storms and flooding in Iowa, FEMA has declared the following counties a disaster. Updated counties are shown in bold. Incident Period: March 12, 2019 Please note: […]
Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the Carrington Advantage products (CFA, CFA Plus, and Investor Advantage) underwriting guidelines have been revised with the following changes (highlighted […]
Overview In response to continued feedback and clarification from the VA and others, the Carrington Mortgage Services, LLC (CMS) VA Interest Rate Reduction Refinance Loan (VA-IRRRL) Guidelines and Matrix are […]
Overview Carrington Mortgage Services, LLC (CMS) issues purchasing dispositions to notify Correspondents of conditions which have not yet been met. Purchasing dispositions are issued with a Conditions Cleared by Date, […]
Overview HUD recently announced major changes to its approach regarding Down Payment Assistance (DPA) Programs with the release of Mortgagee Letter 19-06. The effective date for these new DPA requirements […]
Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the Bank Statement Calculator for use with bank statement income documentation for Carrington Advantage program (Flexible Advantage, Flexible Advantage Plus […]