Latest News Category: Bulletin

Overview Due to a severe storms, flooding, landslides and mudslides in Kentucky, FEMA has declared the following counties a disaster.  Updates: the incident period end date has been established and an additional county is listed in bold font. Incident Period: July 26, 2022 and August 11, 2022 State FEMA Disaster Declaration Counties Kentucky July 29, […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, September 5, 2022, for Labor Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, September 6, 2022. Additionally, the Lock Desk will close early on Friday, September 2, 2022, at 11:00 A.M. PST […]

Overview Due to a severe storms and flooding in Missouri, FEMA has declared the following counties a disaster. Incident Period: July 25, 2022 - July 28, 2022 State FEMA Disaster Declaration Counties Missouri August 8, 2022 St. Charles (County), St. Louis and St. Louis (County) Re-Inspection by Product Type If your loan is … A […]

Overview Due to a severe storms, flooding, landslides and mudslides in Kentucky, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: July 26, 2022 and continuing State FEMA Disaster Declaration Counties Kentucky July 29, 2022 Breathitt, Clay, Floyd, Knott, Leslie, Letcher, Magoffin, Martin, Owsley, Perry, Pike and […]

Overview Due to a severe storms, flooding, landslides and mudslides in Kentucky, FEMA has declared the following counties a disaster.   Incident Period: July 26, 2022 and continuing State FEMA Disaster Declaration Counties Kentucky July 29, 2022 Breathitt, Clay, Knott, Letcher and Perry Re-Inspection by Product Type If your loan is … A re-inspection is […]

Overview Due to a severe storm and flooding in Montana, FEMA has declared the following counties a disaster. FEMA has updated the declaration to add an end date of July 5, 2022 for the Incident Period. Incident Period: June 10, 2022 and July 5, 2022 State FEMA Disaster Declaration Counties Montana June 16, 2022 Carbon, […]

Overview As previously announced, effective July 5, 2022, Carrington Mortgage Services, LLC (CMS) began accepting loan submissions for the Investor Advantage program where Brokers are exempt from state licensing. Brokers must still be approved with Carrington and in good standing.  The broker company/branch and broker loan officer must have an NMLS number, but the broker […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, June 20, 2022 for Juneteenth National Independence Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, June 21, 2022. Rate locks that expire on the holiday will automatically roll to the next business […]

Overview Due to the South Fork and Salt fires in New Mexico, FEMA has declared the following county a disaster. Incident Period: June 17, 2024 and Continuing State FEMA Disaster Declaration Counties New Mexico 06/20/2024 Lincoln Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances … FHA […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to introduce new 1099 and P&L products for the Non-QM (Carrington Prime Advantage and Carrington Flexible Advantage Plus) programs. The underwriting guideline updates are highlighted in red below and please note these are an abbreviated summary of the guideline changes. All updates should be viewed within the […]