Columbus Day Holiday – Operations and Lock Desk Hours

The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed Monday, October 10, 2016 in observance of Columbus Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Tuesday, October 11, 2016. Carrington Mortgage Services (CMS) offices will be open normal business hours on Monday, October 10th, 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, October 10, 2016 cannot be included in the rescission period for refinances
  • Monday, October 10, 2016 cannot be included in the seven (7) day 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, October 10, 2016 cannot be included in the three (3) day business 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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