Labor Day Holiday – Operations and Lock Desk Hours

Carrington Mortgage Services, LLC (CMS) is closed Monday, September 5, 2016 in observance of Labor Day, which is a Federal Holiday. The Lock Desk will be closing early on Friday, September 2, 2016 at 10:00 AM PST and will be closed on Monday, September 5, 2016. Normal Lock Desk hours will resume on Tuesday, September 6, 2016.

Locks that expire on the holiday will automatically roll to the next business day.In addition there are some important disclosure considerations associated with the holiday:

  • Monday, September 5, 2016 cannot be included in the rescission period for refinances
  • Monday, September 5, 2016 cannot be included in the seven (7) business day waiting period between the date the initial Loan Estimate (LE) was provided to the borrower and the consummation of the loan
  • When re-disclosure of the LE is required, Monday, September 5, 2016 cannot be included in the three (3) business day waiting period between the date the revised LE was provided to the borrower and the consummation of the loan

Issues related to locks should be sent via email to lockdesk@carringtonms.com

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