Announcements

Overview The Carrington Mortgage Services, LLC (CMS) Seller Guide has been revised to include the following requirements: Section 6.1 Non-Delegated Responsibilities for FHA/VA Loans – has been revised to clarify […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following Underwriting updates (highlighted in red): Carrington Flexible Advantage / Investor Advantage Matrices Document Old Requirements Updated Requirements Flexible […]

Overview Carrington Mortgage Services (CMS) requires Correspondents to provide the original Collateral package which includes the Original Note, Bailee Letter and Allonge, a Certified True Copy of the Mortgage (Deeds) […]

Overview Effective 12/26/18 As a result of the Federal Government shutdown, Carrington Mortgage Services announces the following temporary guidance for information purposes. Standard guidelines will be reinstated once the government […]

Overview In compliance with Maryland Mortgage Statue 09.03.06.20 – Duty of Care, Carrington Mortgage Services, LLC (CMS) will require Correspondent Lenders to provide an executed HPML Attestation (refer to sample […]

Overview FHA Loans: For calendar year 2019, the Department of Housing and Urban Development (HUD) announced the following maximum first mortgage loan limits that will apply to FHA loans with […]

Overview Effective December 31, 2018, the following Fannie Mae and Freddie Mac conventional loan programs are scheduled to expire. Carrington Mortgage Services, LLC (CMS) will discontinue offering both programs as […]

Overview During the holiday season Carrington Mortgage Services, LLC (CMS) offices, including the Lock Desk, will observe the following schedule: Monday, December 24, 2018 – Closed for the Christmas holiday […]

Overview The Carrington Mortgage Services, LLC (CMS) Fannie Mae Underwriting Guidelines are being updated to include changes announced in the DU/Desktop Originator® Version 10.3 Release Notes, including: risk factors evaluated […]

Overview The Carrington Mortgage Services, LLC (CMS) Fannie Mae Underwriting Guidelines are being updated to include recent Desktop Underwriter (DU) changes for calculating self-employment income, commission income and unreimbursed business […]