Announcements

Overview Due to recent federal tax law changes that are effective for the 2018 tax year, unreimbursed employee business expenses can no longer be claimed for a tax deduction. In […]

Overview Due to severe winter storms, straight-line winds, and flooding in Nebraska, FEMA has declared the following counties a disaster. Updated counties are shown in bold. Incident Period: March 9, […]

Overview In observance of Good Friday, the Carrington Mortgage Services, LLC (CMS) Lock Desk will be closed Friday, April 19, 2019. Normal Lock Desk hours will resume on Monday, April […]

Correspondent Announcement Updated FEMA Disaster Declaration for Nebraska April 1 2019 Corr19-0023 Overview Due to severe winter storms, straight-line winds, and flooding in Nebraska, FEMA has declared the following counties […]

Overview The Carrington Mortgage Services, LLC (CMS) underwriting guidelines have been revised with the following changes for the Carrington Advantage products (CFA, CFA Plus, and Investor Advantage): Carrington Flexible Advantage […]

Overview Due to severe storms and flooding in Iowa, FEMA has declared the following counties a disaster. Incident Period: March 12, 2019 Please note If an appraisal was completed prior […]

Overview Due to severe winter storms, straight-line winds, and flooding in Nebraska, FEMA has declared the following counties a disaster. Incident Period: March 9, 2019 Please note: If an appraisal […]

Overview Over the past several years FHA has seen a continued increase in certain higher-risk credit characteristics in mortgages it insures, including an increase in cash out refinances and mortgages […]

Overview Non-Borrowing Spouse credit history is required for FHA, VA, and USDA full doc loans when the subject property is located in a Community Property State. When credit history is […]

Overview Carrington Mortgage Services is pleased to announce new guidelines to make documenting business bank account ownership more straightforward and reduce exceptions for Carrington Flexible Advantage (CFA and CFA Plus) […]