Mortgage applications increased 9.4% from one week earlier; pending sales fell 3.5% year over year during the four weeks ending July 6; home prices held steady last week, while also […]
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Latest News Author: Travis Peterman
Non-QM Investment Loans Temporarily Suspended for Specific Cities and Counties
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Overview The purpose of this bulletin is to announce that due to significant fraud concerns in specific regions of the country, Carrington Mortgage Services, LLC (CMS) will temporarily suspend new […]
Weekly Housing Headlines
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Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low; sales of previously owned homes rose very slightly in May, up 0.8% from […]
Your First Look at New Non-QM Pricing!
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We’re redefining what competitive means with dramatic pricing improvements for all Non-QM loans! Starting now, we’re not just adjusting rates—we’re setting a new standard. Whether you’re growing your pipeline or negotiating every […]
FEMA Disaster Declaration - Arkansas Severe Storms, Tornadoes and Flooding
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Overview Due to severe storms, tornadoes and flooding in Arkansas, FEMA has declared the following counties a disaster. Incident Period: April 2, 2025 – April 22, 2025 State FEMA Disaster […]
Independence Day Holiday – Lock Desk Hours and Key Compliance Dates
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Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed Friday, July 4, 2025 for Independence Day, which is a Federal Holiday. Due to […]
FEMA Disaster Declaration - Tennessee
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Overview Due to severe storms, straight-line winds, tornadoes and flooding in Tennessee, FEMA has declared the following counties a disaster. Incident Period: April 2, 2025 - April 24, 2025 State […]
Weekly Housing Headlines
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May new home purchase mortgage applications decreased 4.5%; mortgage rates fell for the third straight week, slipping to 6.81%; mortgage applications decreased 2.6% from one week earlier; U.S. home prices […]
Weekly Housing Headlines
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Mortgage applications increased 12.5% from one week earlier; mortgage credit availability increased to its highest level since August 2022; mortgage activity dropped 14% in Q1 2025; U.S. homeowners with mortgages […]
Weekly Housing Headlines
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Mortgage rates dropped for the first time in more than a month; mortgage applications decreased 3.9% from one week earlier; year-over-year price growth slowed to 2% in April; May boasted […]
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