As a result of the Temporary Payroll Tax Cut Continuation Act of 2011 passed by Congress and signed into law, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to increase loan guarantee fees.
Carrington Mortgage Services will implement a change to our pricing structure for all Conforming Conventional (including High Balance products) loans as follows:
Carrington Mortgage Services will monitor the pipeline and reserves the right to assess the correct extension fees where applicable.
If you have any questions please contact 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