Overview Due to severe storms and flooding in Alabama, FEMA has declared the following counties a disaster. Incident Period: October 6, 2021 – October 7, 2021 State FEMA Disaster Declaration […]
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Latest News Category: Bulletin
Holiday Lock Desk Hours & Key Compliance Dates
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Overview During the 2021 holiday season the Carrington Mortgage Services, LLC (CMS) Lock Desk, will observe the following schedule: Thursday, December 23, 2021 – Close early at 11:00 AM PST […]
New ProcessIQ Loan Processing Service
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Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the new ProcessIQ service available for Wholesale Brokers. This new service provides approved CMS Brokers with the option to have […]
Updated Non-QM Product Underwriting Guidelines - DSCR FICO from 620
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Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following Carrington Advantage product underwriting updates (highlighted in red). Please note this is an abbreviated summary of the guideline […]
FEMA Disaster Declaration for Kentucky Severe Storms, Straight-Line Winds, Flooding, and Tornadoes
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Overview Due to severe storms, straight-line winds, flooding, and tornadoes in Kentucky, FEMA has declared the following counties a disaster. Incident Period: December 10, 2021 and continuing State FEMA Disaster […]
New Appraisal Ordering Platform - The Mercury Network
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The Mercury Network Carrington Mortgage Services, LLC (CMS) is pleased to announce that effective December 10, 2021, Wholesale brokers will be able to utilize the Mercury Network, a leading Appraisal […]
Maximum Loan Limits for 2022 – Conventional and FHA Programs
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Conventional Loans The Federal Housing Finance Agency (FHFA) has issued the following maximum first mortgage loan limits that will apply to conventional loans for acquisition by Fannie Mae / Freddie […]
Thanksgiving Holiday - Lock Desk Hours and Key Compliance Dates
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Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Thursday, November 25, 2021 and Friday, November 26, 2021 in observance of Thanksgiving, which is a federal […]
Veteran’s Day Holiday - Lock Desk Hours and Key Compliance Dates
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Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Thursday, November 11, 2021 in observance of Veteran’s Day, which is a Federal Holiday. Normal Lock Desk […]
FEMA Disaster Declaration for Connecticut - Remnants of Hurricane Ida
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Overview Due to damage from remnants of Hurricane Ida in Connecticut, FEMA has declared the following counties a disaster. Incident Period: September 1, 2021 - September 2, 2021 State FEMA […]
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