Latest News Category: Bulletin

Overview Due to severe weather in Georgia, FEMA has declared the following counties a disaster. Incident Period: January 12, 2023 State FEMA Disaster Declaration Counties Georgia 1/16/23 Butts, Henry, Jasper, Meriwether, Newton, Spalding and Troup Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances … FHA Full […]

Overview Due to severe winter storms, flooding, landslide and mudslides in California, FEMA has declared the following counties a disaster. Incident Period: December 27, 2022 and Continuing State FEMA Disaster Declaration Counties California 1/14/2023 Merced, Sacramento and Santa Cruz Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, January 16, 2023 for Martin Luther King Jr. Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, January 17, 2023. Rate Locks that expire on the holiday will automatically roll to the next […]

Overview Due to Hurricane Nicole in Florida, FEMA has declared the following counties a disaster. Incident Period: November 7, 2022 – November 30, 2022 State FEMA Disaster Declaration Counties Florida December 13, 2022 Brevard, Flagler, Lake, Putnam, St. Johns and Volusia Re-Inspection by Product Type If your loan is … A re-inspection is required … […]

Overview During the 2022 holiday season Carrington Mortgage Services, LLC (CMS) offices, including the Lock Desk, will observe the following schedule: Monday, December 26, 2022 – closed for the Christmas holiday Monday, January 2, 2023 – closed for New Year’s Day holiday Normal Lock Desk hours will resume December 27, 2022 and January 3, 2023. […]

Overview Due to Hurricane Ian in South Carolina, FEMA has declared the following counties a disaster. Incident Period: September 25, 2022 - October 4, 2022 State FEMA Disaster Declaration Counties South Carolina November 21, 2022 Charleston, Georgetown and Horry Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Thursday, November 24, 2022 and Friday, November 25, 2022 in observance of Thanksgiving, which is a federal holiday.  Due to the holiday, the Lock Desk will be closing early on Wednesday, November 23, 2022 at 11:00 AM PST (early market closure of […]

Overview Effective for all loan submissions received on and after January 1, 2023, Carrington Mortgage Services, LLC (CMS) will implement the following Wholesale fee schedule. The new CMS Underwriting Fees are highlighted in BLUE below: Loan Product Underwriting Fee* Underwriting Fee* with ProcessIQ Non-Agency $900 $1100 Conventional $799 $999 FHA $799 $999 VA $799 $999 […]

Overview Effective November 3, 2022, Carrington Mortgage Services, LLC (CMS) will begin charging a new Closing Fee on Iowa Wholesale loan file submissions. Formerly, CMS did not charge Lender fees in Iowa for Wholesale loans; therefore, it is very important to ensure the new fee is specifically listed as Closing Fee in order to disclose […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Friday, November 11, 2022 in observance of Veteran’s Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Monday, November 14, 2022. Locks that expire on the holiday will automatically roll to the next business day.  In addition, there […]