Latest News Category: Bulletin

On Monday, September 17th, 2018, Carrington Mortgage Services, LLC (CMS) will resume normal operations under the Disaster Policy. CMS will authorize funding in all four states (North Carolina, South Carolina, […]

Overview Effective immediately, and until further notice, Carrington Mortgage Services, LLC (CMS) will temporarily suspend funding all loans with subject properties in North Carolina, South Carolina, Virginia and West Virginia. […]

Last Week in Review: Non-farm payrolls rose in August. So did home prices in July. U.S. employers hired 201,000 new workers in August, above the 187,000 expected, the Bureau of Labor Statistics […]

CARRINGTON CAN HELP YOU CLOSE LOANS OTHERS CAN’T Carrington recently closed this Non-Prime* loan scenario for one of our clients. Look familiar? Did you recently reject an applicant with similar […]

The Lock Desk will be closed on Monday, September 3, 2018, for Labor Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, September 4, 2018. Additionally, […]

Last Week in Review: Home price gains were strong in June. Did inflation heat up in July? Research firm CoreLogic reported that home prices, including distressed sales, rose 6.8 percent […]

Overview Effective Thursday, August 9, 2018, Carrington Mortgage Services, LLC (CMS) will introduce the Investor Advantage Program. The Investor Advantage Program is well suited for Investors with some credit challenges […]

Last Week in Review: Job growth eased in July while annual inflation remained tame in June and home prices continued to rise. Non-Farm Payrolls rose by 157,000 new jobs in […]

Last Week in Review: Annual inflation ticked up while small business optimism neared record highs. The Consumer Price Index (CPI) rose 2.9 percent in the 12 months ending in June, […]

25 bps to 100 bps Pricing Improvement  Effective immediately, Carrington Mortgage Services, LLC - Wholesale Lending Division has improved pricing on our Flexible Advantage programs (non-prime/near prime) : Full Doc […]