Latest News Category: Bulletin

Overview Effective February 7, 2019, Carrington Mortgage Services, LLC (CMS) is pleased to announce the following guideline improvements for the Carrington Advantage products: Higher LTV’s for CFA Investment cash-out loans […]

Special February Promotion We have a sweetheart of a deal for you! Carrington Mortgage Services, Wholesale Lending Division is offering to waive the underwriting fee on ALL Non-QM* submissions in […]

Last Week in Review: Why home loan rates will stay low The Fed met this past week. As expected, they didn't hike rates and the Fed Statement was very dovish, suggesting […]

Last Week in Review: Stocks continue their winning ways. Home loan rates finished this week near unchanged and remain near 9-month lows -- so we have that going for us. […]

You Asked … We Answered! With Expanded Carrington Flexible AdvantageSM Guidelines so you can expand your business! Carrington Mortgage Services, LLC (CMS) is pleased to announce the below guideline changes […]

Overview The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed on Monday, January 21, 2019 for Martin Luther King Day, which is a Federal Holiday. Normal lock […]

Overview Beginning Thursday, January 17, 2019, Carrington Mortgage Services, LLC (CMS) will permit prepayment penalties to be charged on Investor Advantage, Carrington Flexible Advantage and Carrington Flexible Advantage Plus non-owner-occupied, […]

Overview The USDA has advised that during the current government shutdown, the Rural Housing Service will not guarantee loans that do not have a conditional commitment issued before the loan […]

Last Week in Review: No rate hikes in 2019. Who wins? Stocks continued to react positively to Fed Chair Powell's Jan 4th speech, where he essentially said, "we have your back"...meaning […]

Last Week in Review:Headline Risk Highlights Christmas Week. The financial markets had plenty to cheer about this week. On Wednesday, Stocks rallied a stunning 1,000+ points, enjoying their best one-day […]