Latest News Archives

Overview Carrington Mortgage Services, LLC (CMS) is pleased to introduce new 1099 and P&L products for the Non-QM (Carrington Prime Advantage and Carrington Flexible Advantage Plus) programs. The underwriting guideline […]

Overview Effective April 18, 2022, Carrington Mortgage Services, LLC (CMS) is pleased to announce an Investor Advantage program enhancement to increase the maximum LTV to 75% for First Time Investors with […]

Last Week In Review: A Tale of Two Inflations This past week, home loan rates hit the highest levels in nearly a decade as inflation readings came in touching 40+ […]

Overview In observance of Good Friday, the Carrington Mortgage Services, LLC (CMS) Lock Desk will be closed Friday, April 15, 2022. Normal Lock Desk hours will resume on Monday, April […]

Last Week in Review: Brainard and Fed Minutes Move the Markets This past week, home loan rates touched the highest levels in three years in response to the same theme…inflation […]

Last Week in Review: Tailwinds From Abroad This past week, home loan rates improved from the worst levels in three years. Let's walk through what happened last week and talk […]

We’re helping you take the reins this purchase season with 25 bps off on FHA and VA purchase loans that are locked in from 4/1 to 4/30. With us on your […]

Last Week in Review: Rates Spike on Tough Fed Talk Home loan rates ticked up to fresh three-year highs as a parade of Federal Reserve officials spoke throughout last week […]

Overview Effective March 21, 2022, Carrington Mortgage Services, LLC (CMS) is pleased to announce the following enhancements for the Investor Advantage loan program: Increased Maximum LTV from 82.50% to 85% […]

Last Week In Review: We Have Liftoff Interest rates hover near three-year highs as the Federal Open Market Committee (FOMC) raised the Federal Funds Rate by 0.25%. This was the […]