Latest News Author: backerman

Per Diem Interest on FHA Streamline and VA IRRRL Loans, Effective March 1st, 2018 Effective March 1, 2018, Carrington Mortgage Services, LLC (CMS) will no longer offer an interest credit to cover the per diem interest on FHA Streamline and VA IRRRL loans. New Streamline/IRRRL submissions received on or after March 1, 2018 will no […]

Carrington Mortgage Services, LLC requires survey coverage in Florida, Ohio, New Mexico, New York and Texas for all loan transactions with the exception of condominium transactions. Effective for all new loan submission on and after February 23, 2018, Survey fees must be added to all loans from these five states. Contact your Account Executive or […]

The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed Friday, November 11, 2016 in observance of Veteran’s Day, which is a Federal Holiday.  Normal Lock Desk hours will resume on Monday, November 14, 2016. Locks that expire on the holiday will automatically roll to the next business day.  In addition, there are […]

The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed Monday, October 10, 2016 in observance of Columbus Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Tuesday, October 11, 2016. Carrington Mortgage Services (CMS) offices will be open normal business hours on Monday, October 10th, 2016. Locks that […]

HUD recently revised the Addendum to Uniform Residential Loan Application (Form HUD 92900-A).  These revisions were made to provide further clarity to loan level certifications on the Addendum form. Borrower Certification On the new 92900-A, FHA borrowers must certify their occupancy at item #25-2.  Please make sure this is completed by the borrowers on the […]

Carrington Mortgage Services, LLC (CMS) is closed Monday, September 5, 2016 in observance of Labor Day, which is a Federal Holiday. The Lock Desk will be closing early on Friday, September 2, 2016 at 10:00 AM PST and will be closed on Monday, September 5, 2016. Normal Lock Desk hours will resume on Tuesday, September […]

Although Carrington Mortgage Services, LLC (CMS) will be officially closed in observance of Memorial Day on Monday, May 30th; due to business needs there will be limited staffing in a good number of our departments.  Normal business hours will resume on Tuesday, May 31st. The Lock Desk will stop taking requests on Friday May 27 […]

For the upcoming holiday weekend: Thursday, March 24th, 2016 - Lock Desk hours will be 7:30 AM to 12:00 PM PST. Friday, March 25th, 2016 - In observance of Good Friday, the Lock Desk will be closed. Monday, March 28th, 2016 - Normal Lock Desk hours will resume. As a reminder, pursuant to the Lock Policy, […]

The Lock Desk at Carrington Mortgage Services will be closed Monday, February 15, 2016 for Presidents Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Tuesday, February 16, 2016. Carrington Mortgage Services (CMS) offices will be open normal business hours. Locks that expire on the holiday will automatically roll to the next […]

The Lock Desk at Carrington Mortgage Services will be closed Monday, January 18, 2016 in observance of Martin Luther King Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Tuesday, January 19, 2016. Carrington Mortgage Services (CMS) offices will be open normal business hours. Locks that expire on the holiday will automatically […]