Overview Due to damage from the severe winter storms in Texas, FEMA has declared the following counties a disaster. Incident Period: February 11, 2021 and continuing State FEMA Disaster Declaration […]
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Latest News Author: Travis Peterman
Presidents Day Holiday – Lock Desk Hours and Key Compliance Dates
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Overview The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed on Monday, February 15, 2021 for Presidents Day, which is a Federal Holiday. Normal lock hours will […]
HUD Announces New Guidelines for Borrowers with DACA Status
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Overview On January 20, 2021, HUD announced major changes to their guidelines for borrowers with Deferred Action for Childhood Arrivals (DACA) status. Individuals classified under DACA who are legally permitted […]
Underwriting Fee Update
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Overview Effective for all loan submissions on and after February 1, 2021, Carrington Mortgage Services, LLC (CMS) will implement the following underwriting fee schedule. The new CMS Underwriting Fees are […]
Martin Luther King Jr Holiday – Lock Desk Hours and Key Compliance Dates
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Overview The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed Monday, January 18, 2021 for Martin Luther King Jr. Day, which is a Federal Holiday. Normal lock […]
FHA 203(k) Loan Program Discontinued
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Overview Effective February 1, 2021, Carrington Mortgage Services, LLC (CMS) will discontinue offering FHA 203k (Standard and Limited) loans through our Wholesale Channel. Brokers must submit all 203k loans prior […]
Updated Carrington Advantage Product Guidelines
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Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce effective Thursday, December 17, 2020; CMS will implement the following Carrington Advantage (Prime Advantage, Flexible Advantage Plus, Flexible Advantage, and […]
Lock Desk Holiday Hours and Key Compliance Dates
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Overview During the holiday season the Carrington Mortgage Services, LLC (CMS) Lock Desk, will observe the following schedule: Thursday, December 24, 2020 – Closed for Christmas Eve Friday, December 25, […]
CMS Thanksgiving Holiday – Lock Desk Hours and Key Compliance Dates
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Overview The Carrington Mortgage Services, LLC (CMS) Lock Desk, will be closed Thursday, November 26, 2020 in observance of Thanksgiving, which is a federal holiday and also Friday, November 27, […]
Updated FEMA Disaster Declaration for California
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Overview Due to California wildfires, FEMA has declared the following counties a disaster. Updated counties are shown in bold. Incident Period: August 14, 2020 – Continuing State FEMA Disaster Declaration […]
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