Latest News

Overview The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed Monday, October 14, 2019 in observance of Columbus Day, which is a Federal Holiday. Normal Lock Desk […]

Overview Due to Tropical Storm Imelda in Texas, FEMA has declared the following counties a disaster. Incident Period:September 17, 2019 - September 23, 2019 State FEMA Disaster Declaration Counties Texas […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the Carrington Flexible Advantage and Investor Advantage guidelines have been updated to add Illinois and Texas as approved states for […]

Overview As a reminder, certain FHA guideline updates are effective for cases assigned Monday, September 9, 2019 and later. The Carrington Mortgage Services, LLC (CMS) FHA Underwriting Guidelines have been […]

Overview In conjunction with Ginnie Mae’s recent announcement (APM 19-05 issued August 1, 2019) that all Cash-Out VA loans in excess of 90% LTV must be placed in certain pools […]

Overview Effective September 1, 2019: For all unlocked VA >90% Cash Out loans in the pipeline, the maximum lock available will be 15 days. Locks can be extended to September […]

Overview As a reminder, Correspondent Sellers must upload all loan documents using the “Upload Documents” function in the Carrington Mortgage Services, LLC (CMS) corrIQ Seller Portal. Once uploaded, CMS reviews […]

Overview The Carrington Mortgage Services, LLC (CMS) FHA Underwriting Guidelines have been updated. Please note there are differences in the effective dates for these updates. In general, guideline changes that […]

Overview The Carrington Mortgage Services, LLC (CMS) Lock Desk will be closed on Monday, September 2, 2019 for Labor Day, which is a Federal Holiday. Normal lock hours will resume […]

Overview As a reminder, the maximum lock on VA Cash-Out 90%+ LTV loans is 30 days effective August 15th. Ginnie Mae issued All-Participants Memorandum (APM) 19-05 on August 1st which […]