Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following Non-QM program underwriting updates (highlighted in red). Please note this is an abbreviated summary of the guideline changes and all updates should be viewed within the context of the full guidelines. The pricing engine and loan origination system will be ready with these […]
Latest News Category: Bulletin
Overview Due to a severe winter storm and snowstorm in New York, FEMA has declared the following counties a disaster. Incident Period: December 23, 2022 - December 28, 2022 State FEMA Disaster Declaration Counties New York 3/15/2023 Erie and Niagara Re-Inspection by Product Type If your loan is … A re-inspection is required … Under […]
Overview Due to severe winter storms, flooding, landslide and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: December 27, 2022 - January 31, 2023 State FEMA Disaster Declaration Counties California 1/14/2023 Alameda, Amador, Calaveras, Contra Costa, Mendocino, Merced, Monterey, Sacramento, San Joaquin, San […]
Overview Due to severe weather in Georgia, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: January 12, 2023 State FEMA Disaster Declaration Counties Georgia 1/16/23 Butts, Henry, Jasper, Meriwether, Newton, Pike, Spalding and Troup Re-Inspection by Product Type If your loan is … A re-inspection is required […]
Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, February 20, 2023 for Presidents Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, February 21, 2023. Rate Locks that expire on the holiday will automatically roll to the next business day. In […]
Overview Due to severe storms, straight line winds and tornadoes in Alabama, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: January 12, 2023 State FEMA Disaster Declaration Counties Alabama 1/15/23 Autauga, Coosa, Dallas, Elmore, Greene, Hale, Mobile, Morgan, Sumter, and Tallapoosa Re-Inspection by Product Type If […]
Overview Due to severe winter storms, flooding, landslide and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: December 27, 2022 and Continuing State FEMA Disaster Declaration Counties California 1/14/2023 Alameda, Calaveras, Contra Costa, Mendocino, Merced, Monterey, Sacramento, San Joaquin, San Luis Obispo, San […]
Overview Due to severe winter storms, flooding, landslide and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: December 27, 2022 and Continuing State FEMA Disaster Declaration Counties California 1/14/2023 Calaveras, Merced, Monterey, Sacramento, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara and […]
Overview Due to severe storms, straight line winds and tornadoes in Alabama, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: January 12, 2023 State FEMA Disaster Declaration Counties Alabama 1/15/23 Autauga, Coosa, Dallas, Elmore, Greene, Hale, Sumter, and Tallapoosa Re-Inspection by Product Type If your loan […]
Overview Due to severe winter storms, flooding, landslide and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: December 27, 2022 and Continuing State FEMA Disaster Declaration Counties California 1/14/2023 Merced, Monterey, Sacramento, San Joaquin, San Luis Obispo, Santa Barbara and Santa Cruz Re-Inspection […]