Latest News Author: Travis Peterman

Overview Carrington Mortgage Services, LLC (CMS) is implementing the following guideline changes for third-party originated FHA loan submissions (excluding Streamline loans) when the qualifying FICO score is 640 or less. […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed on Monday, February 17, 2025 for President’s Day, which is a Federal Holiday. Normal […]

Existing home sales grew by 2.2% in December, although pending home sales dropped 5.5% that same month; mortgage applications decreased 2% from one week earlier; new single-family home sales accelerated […]

Please be advised effective immediately, the $100 VA Authorized Agent Sponsorship fee may now be paid by Credit Card in addition to check. To pay by Check, attach a check for $100.00 made payable […]

Overview Due to Hurricane Idalia in Florida, FEMA has declared the following counties a disaster. Update: Additional counties have been added (shown in bold) and the Incident Period End Date […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Friday, November 10, 2023 in observance of Veteran’s Day, which is a Federal Holiday. Normal Lock Desk […]

It was another wild week in the financial markets with interest rates backing away from the highest levels in decades. Let's discuss what happened and look at the news to […]

This past week interest rates touched the highest levels in decades. Let's discuss what happened and see what to watch for as the 4th Quarter begins. Ouch The U.S. bond […]

Overview Due to Hurricane Idalia in Florida, FEMA has declared the following counties a disaster. Update: Additional counties have been added (shown in bold) and the Incident Period End Date […]

Cheers to 20 Years! Celebrate with our 20-20-20 Special 20 Years of Excellence 20 Basis Points Savings Ends on the 20th of September Starting  Tuesday, September 5th, until September 20th, […]