Veteran’s Day Holiday Lock Desk Hours

Great News! The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be open Friday, November 10, 2017 for normal Lock Desk hours.
Because Veteran’s Day, November 11, 2017, which is a Federal Holiday, falls on a weekend this year there are some important disclosure considerations associated with the holiday:

• Friday, November 10, 2017 is a business day for rescission/TRID purposes.
• Saturday, November 11, 2017 cannot be included in the rescission period for refinance transactions.
• Saturday, November 11, 2017 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, Saturday, November 11, 2017 cannot be included in the four (4) business day waiting period between the date the revised LE was provided to the borrower and the consummation of the loan.
• When re-disclosure of the CD is required, Saturday, November 11, 2017 cannot be included in the three (3) business day waiting period between the date the revised CD was provided to the borrower and the consummation of the loan.

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