Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following Carrington Advantage product underwriting updates (highlighted in red). Key updates include: Updated the Desk Review requirement for all […]
Latest News Category: Bulletin
Overview The Carrington Mortgage Services, LLC (CMS) Lock Desk will be closed Friday, July 2, 2021 for a Company Holiday and also Monday, July 5, 2021 for Independence Day, which […]
Overview The U.S. Department of Housing and Urban Development (HUD) has updated the payment calculation of monthly obligation for student loans. The change is effective for all case numbers assigned […]
Overview On June 17, 2021, President Biden signed legislation making June 19th a federal holiday to be officially known as Juneteenth National Independence Day. The creation of this new federal […]
Overview HUD recently announced clarifications to their guidelines for certain Non-Permanent Residents applying for FHA-insured mortgages, including: Eligibility of borrowers with H1-B non-immigrant visa status without an EAD, Eligibility of […]
Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following underwriting guideline enhancements for the Non-QM loan programs (Prime Advantage, Flexible Advantage/Advantage Plus and Investor Advantage). All guideline […]
Overview Due to damage from severe storms and flooding in West Virginia, FEMA has declared the following counties a disaster. Incident Period: February 27, 2021 - March 4, 2021 State […]
Overview The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed on Monday, May 31, 2021 for Memorial Day, which is a Federal Holiday. Normal lock hours will […]
Overview Due to damage from severe storms, tornadoes and flooding in Tennessee, FEMA has declared the following counties a disaster. Incident Period: March 25, 2021 – April 03, 2021 State […]
Overview Due to damage from severe storms, straight-line winds, and tornadoes in Alabama, FEMA has declared the following counties a disaster. Incident Period: March 25, 2021 - March 26, 2021 […]