Overview The Federal Housing Finance Agency (FHFA) recently announced targeted increases to Fannie Mae and Freddie Mac's Loan Level Pricing Adjustments (LLPA/upfront fees) for certain high balance/super-conforming loans and second […]
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Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed Monday, January 17, 2022, for Martin Luther King Jr. Day, which is a Federal […]
Overview Due to flooding and mudslides in Washington, FEMA has declared the following counties a disaster. Incident Period: November 13, 2021 - November 15, 2021 State FEMA Disaster Declaration Counties […]
Overview Due to wildfires and straight-line winds in Colorado, FEMA has declared the following county a disaster. Incident Period: December 30, 2021 and Continuing State FEMA Disaster Declaration Counties Colorado […]
Overview Effective December 31, 2021, Carrington Mortgage Services, LLC (CMS) will discontinue offering FHA 203(b) Escrow Repair loans through the Wholesale Channel. Brokers must submit all 203(b) loans prior to […]
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 […]
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 […]
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 […]
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 […]
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 […]