Funding has resumed in hurricane affected states.

October 12, 2018
Rodney Ashton

On Friday, October 12, 2018, Carrington Mortgage Services, LLC (CMS) resumed normal operations under the Disaster Policy. CMS will authorize funding in all five states (Alabama, Florida, Georgia, North Carolina, and South Carolina) that were previously placed on hold.
FEMA has declared the following counties in Florida for Individual Assistance.
Incident Period: October 7, 2018

Only those loans in these Florida counties are required to successfully pass re-inspection prior to funding.
Alabama, Georgia, North Carolina, and South Carolina have not declared any individual assistance counties at this time, so re-inspections are not required for properties in these states.
Action Required

  • The only impacted loans are in the counties listed above in Florida. Any loans that already have appraisals in file will require a re-inspection.
  • Any loans where appraisal inspections were dated prior to the disaster declaration date will require a re-inspection to be ordered.

 

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Government Agency Approvals

FHA Non-Supervised Mortgagee Approval #:
24751-0000-5
VA Automatic Lender Approval #:
902324-00-00

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Carrington Mortgage Services LLC
ISAOA/ATIMA
P.O. Box 692408
San Antonio, TX 78269-2408

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This information is provided for your convenience and Carrington Mortgage Services, LLC makes no warranties concerning the accuracy or completeness of any of the information. This is not financial or legal advice and should not be taken as such. This information is for mortgage professionals only and is not intended for distribution to consumers.
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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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