Latest News Category: Bulletin

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 […]

Overview Due to Hurricane Ian in Florida, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: September 23, 2022 and continuing State FEMA Disaster Declaration Counties Florida September 29, 2022 Brevard, Charlotte, Collier, DeSoto, Flagler, Hardee, Hendry, Highlands, Hillsborough, Lake, Lee, Manatee, Monroe, Okeechobee, Orange, Osceola, Palm Beach, […]

Overview Due to Hurricane Ian in Florida, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: September 23, 2022 and continuing State FEMA Disaster Declaration Counties Florida September 29, 2022 Charlotte, Collier, DeSoto, Flagler, Hardee, Highlands, Hillsborough, Lake, Lee, Manatee, Orange, Osceola, Pinellas, Polk, Putnam, Sarasota, Seminole, St. […]

Overview Due to Hurricane Ian in Florida, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: September 23, 2022 and continuing State FEMA Disaster Declaration Counties Florida September 29, 2022 Charlotte, Collier, DeSoto, Hardee, Hillsborough, Lee, Manatee, Orange, Osceola, Pinellas, Polk, Sarasota and Seminole Re-Inspection by Product Type […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk, will be closed Monday, October 10, 2022 in observance of Columbus Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Tuesday, October 11, 2022. Locks that expire on the holiday will automatically roll to the next business day. […]

Overview Due to Hurricane Ian in Florida, FEMA has declared the following counties a disaster. Incident Period: September 23, 2022 and continuing State FEMA Disaster Declaration Counties Florida September 29, 2022 Charlotte, Collier, DeSoto, Hardee, Hillsborough, Lee, Manatee, Pinellas, and Sarasota Re-Inspection by Product Type If your loan is … A re-inspection is required … […]