Latest News Author: backerman

Topic included in Bulletin W13-119: Minimum credit score on Conventional Conforming High Balance loans has been lowered to 620 As a result of this update, loans with credit scores < 660 must be priced manually Refer to the CMS Lock Policy for the required information when submitting a manual lock Manual locks must be sent […]

Topic included in Bulletin W13-118: Due to recent severe storms, flooding, landslides and mudslides in Colorado, FEMA has declared the following counties a disaster (additional county added in red): Adams Boulder Broomfield El Paso Larimer Weld Guidance and loan property requirements are published in the CMS Declared Disaster Policy which is found on the Intranet […]

Topic included in Bulletin W13-117: Due to recent severe storms, flooding, landslides and mudslides in Colorado, FEMA has declared the following counties a disaster: Adams Boulder Broomfield Larimer Weld Guidance and loan property requirements are published in the CMS Declared Disaster Policy which is found on the Intranet Download: Bulletin - W13-117 (PDF)

Topic included in Bulletin W13-116: Loans originated in Illinois and specifically, Cook, Kane, Peoria and Will counties require a Certificate of Compliance to be compliant with the Illinois Anti-Predatory regulations The Loan Originator must be registered to do business in Illinois and registered with the Illinois Ant-Predatory Database Loan Officer must within 10 days after […]

Topic included in Bulletin W13-115: Delaware added as an approved state, effective Monday, September 16, 2013 The following systems will be updated with this addition prior to Monday, September 16, 2013: Data Trac Encompass Pipeline Manager DocuTech Comergence Pricing Engine Please see the state guide for additional information, which is posted on the Intranet Download: […]

Carrington is excited to introduce our new Pipeline Manager. It's faster, easier, and more streamlined. More details coming soon. Be sure to attend for one of our online training sessions. Click the desired session below to register. Friday, November 1, 2013 at 10:30 AM (PDT) Monday, November 4, 2013 at 10:30 AM (PDT) Tuesday, November 5, […]

Important information for our brokers.  Carrington Mortgage may be impacted by the potential  Government Shutdown on Tuesday, October 1st.  This action will create either a delay or unavailability of government services. Immediate action may be needed for your files. We ask our brokers to immediately submit all  FHA/VA/USDA Case Number requests by the following LOCAL […]

Carrington Holding Company Honored by Elearning! Magazine for Its Learning Culture, Innovation and Organizational Performance  Residential real estate transaction services provider named one of the top 100 learning organizations in the world  SEPTEMBER 18, 2013 – SANTA ANA, CA – Carrington Holding Company, LLC (Carrington) today announced it has been honored by Elearning! Magazine as […]

As of September 16, 2013, Carrington Mortgage Services, Wholesale Lending Division will be originating loans in The State of Delaware.  Ask your local Account Executive for details.

Topic included in Bulletin W13-114: Jumbo Preferred matrix has been updated Changes include: Co-Signed Loans (added category) Alimony/Child Support/Maintenance (added category) Minimum Payment (update) The Intranet and website have been updated Updates are effective immediately. Download: Bulletin - W13-114 (PDF)