Christmas Day, 2011 and New Year's Day, 2012 are federal holidays and both fall on a Sunday. In observance of these holidays, CMS Wholesale Lending and the Lock Desk will be closed on Monday, December 26, 2011 and Monday, January 2, 2012.
Pursuant to the CWL Lock Policy, all lock extensions need to be requested PRIOR TO their expiration. If a lock expires on either Monday, December 26th, or Monday, January 2nd, then it will need to be extended no later than the prior business day (Friday, December 23rd and Friday, December 30th, respectively).
The Lock Desk will be closing at 11:00AM (Pacific) on both Friday, December 23, 2011, and Friday, December 30, 2011 as a result of the early closure of the Bond market on those days. All new lock requests, extensions, re-locks or changes must be received prior to 10:30AM in order to be honored for that day.
Normal Lock Desk hours will resume on Tuesday December, 27, 2011 and Tuesday, January 3, 2012.
The Lock Desk wishes you a safe and happy Holiday Season.
If you have additional questions, please consult with your Account Executive.
Thank you for your continued business!
Contact your Account Executive with questions.
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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00