Latest News Author: Jordan Reed

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following Non-QM program underwriting updates (highlighted in red). Please note this is an abbreviated summary of the guideline changes […]

Overview Due to severe storms, straight-line winds and tornadoes in Florida, FEMA has declared the following county a disaster. Incident Period: May 10, 2024 State FEMA Disaster Declaration Counties Florida […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, September 4, 2023 for Labor Day, which is a Federal Holiday. Normal […]

Overview Due to severe storms, straight-line winds, tornadoes and flooding in Mississippi, FEMA has declared the following counties a disaster. Incident Period: April 8, 2024 - April 11, 2024 State […]

Overview Due to wildfires in Hawaii, FEMA has declared the following county a disaster. Incident Period: August 8, 2023 and continuing State FEMA Disaster Declaration Counties Hawaii August 10, 2023 […]

This past week home loan rates remain elevated despite consumer inflation being reported slightly lower than expected. Let's discuss what happened and look at the week ahead. Inflation Hits 3.2% […]

Last week in Review: Good Economic News is Bad News for Rates Last week, interest rates spiked on good economic news as fears of a recession fade. Let's discuss the […]

Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: […]

Interest rates continued their sideways trend as we close the first half of 2023. Let's discuss what happened last week and look into the future. The European Central Bank forum […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed Tuesday, July 4, 2023 for Independence Day, which is a Federal Holiday. Normal lock […]