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 […]
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Last Week in Review: SVB Bank Fallout and Rates This past week, home loan rates improved to their lowest levels in a month in response to the closures of Silicon […]
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 […]
Last Week in Review: Powell Visits Capitol Hill This past week, Fed Chair Powell testified on Capitol Hill and his words sent rates higher. Let's walk through what happened and […]
Last Week in Review: Inflation and The Fed Dominate Markets This past week, home loan rates touched their highest levels since November. Let's walk through what happened and mention the […]
This Week in Review: Three Things That Happened Last Week Last week, rates touched the highest levels since Fall. Let's walk through three things that happened and what to watch […]
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 […]
Last Week in Review: Inflation Lingering, Fed Officials Singing Last week multiple inflation readings came in higher than expected and home loan rates ticked higher. Let's walk through what happened […]
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 […]