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Overview Carrington Mortgage Services, LLC (CMS) is implementing the following guideline changes for third-party originated FHA loan submissions (excluding Streamline loans) when the qualifying FICO score is 640 or less. […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed on Monday, February 17, 2025 for President’s Day, which is a Federal Holiday. Normal […]

Existing home sales grew by 2.2% in December, although pending home sales dropped 5.5% that same month; mortgage applications decreased 2% from one week earlier; new single-family home sales accelerated […]

Mortgage applications showed a slight increase this week; applications for newly built homes increase 9%; pending homes sales fell 4.5%, the largest decline since October 2022; the national delinquency rate […]

Please be advised effective immediately, the $100 VA Authorized Agent Sponsorship fee may now be paid by Credit Card in addition to check. To pay by Check, attach a check for $100.00 made payable […]

This week, mortgage applications decreased 3.7%; new listings increased 8% year over year during the four weeks ending December 29; credit availability increased slightly in December; the Freddie Mac rate […]

Overview Due to wildfires and straight-line winds in California, FEMA has declared the following county a disaster. Incident Period: January 7, 2025 and continuing State FEMA Disaster Declaration Counties California […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, January 20, 2025 for Martin Luther King Jr. Day, which is a […]

Overview Please be advised the Carrington Mortgage Services, LLC (CMS) Lock Desk will be closing at 2:00 PM Eastern Time (11:00 AM Pacific Time) on Thursday, January 9, 2025 due […]

Pending home sales increased for a fourth month in November to the highest level since early 2023; new home sales also jumped 5.9% in November; the Freddie Mac rate for […]