Latest News Category: Bulletin

Overview The purpose of this communication is to announce, effective December 31, 2024, Carrington Mortgage Services, LLC (CMS) will no longer offer the Closed-End Second Lien Loan Program for the Wholesale channel. Please Note: Any Wholesale Closed-End Second Lien Loans in the active pipeline that have not been locked by the December 31, 2024 effective […]

Overview The purpose of this communication is to announce, effective December 31, 2024, Carrington Mortgage Services, LLC (CMS) will no longer offer the Closed-End Second Lien Loan Program for the Wholesale channel. Please Note: Any Wholesale Closed-End Second Lien Loans in the active pipeline that have not been locked by the December 31, 2024 effective […]

Overview During the 2024 holiday season, the offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will observe the following schedule: Tuesday, December 24, 2024 – closed for CMS Company holiday Wednesday, December 25, 2024 – closed for Christmas Day holiday Wednesday, January 1, 2025 – closed for New Year’s Day holiday Normal […]

Overview Due to Tropical Storm Helene in West Virginia, FEMA has declared the following county a disaster. Incident Period: September 25, 2024 – September 28, 2024 State FEMA Disaster Declaration Counties West Virginia 12/09/2024 Mercer Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances … FHA Full […]

Overview Due to Hurricane Helene in South Carolina, FEMA has declared the following counties a disaster. FEMA has established the Incident Period end date and updated counties are listed in bold. Incident Period: September 25, 2024 – October 7, 2024 State FEMA Disaster Declaration Counties South Carolina 09/29/2024 Abbeville, Aitken, Allendale, Anderson, Bamberg, Barnwell, Beaufort, […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed Thursday, November 28, 2024 and Friday, November 29, 2024 in observance of Thanksgiving, which is a federal holiday.  Due to the holiday, the Lock Desk will be closing early on Wednesday, November 27, 2024 at 11:00 AM PST (early […]

Overview Due to Hurricane Helene in Georgia, FEMA has declared the following counties a disaster. Updated counties are listed in bold and FEMA has established the Incident Period end date. Incident Period: September 24, 2024 to October 30, 2024 State FEMA Disaster Declaration Counties Georgia 09/30/2024 Appling, Atkinson, Bacon, Ben Hill, Berrien, Brantley, Brooks, Bryan, […]

Overview Due to a severe storm and flooding in New Mexico, FEMA has declared the following county a disaster. Incident Period: October 19, 2024 - October 20, 2024 State FEMA Disaster Declaration Counties New Mexico 11/01/2024 Chaves Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances … […]

Overview In order to comply with Freddie Mac guidelines that require annual fraud training for their employees by Third-Party Originators, Carrington Mortgage Services, LLC (CMS) has made an addition to the Broker Agreement Loan Fraud Statement as follows: The Broker represents that he/she has implemented a Fraud Training program for any employee in a position […]

Overview Due to Hurricane Helene in Florida, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: September 23, 2024 and continuing State FEMA Disaster Declaration Counties Florida 09/28/2024 Alachua, Baker, Bradford, Charlotte, Citrus, Collier, Columbia, DeSoto, Dixie, Duval, Franklin, Gilchrist, Gulf, Hamilton, Hernando, Hillsborough, Jefferson, Lafayette, Lee, Leon, […]