Latest News Category: Bulletin

Last Week in Review: March job growth came in lower than expected, while home prices continue to rise. Just 103,000 jobs were created in March, much lower than the 175,000 […]

Effective for Non-Prime Primary Residence and Second Home loans with applications taken on and after Monday, April 2, 2018, Carrington Mortgage Services, LLC (CMS) will introduce the following guideline enhancements: […]

Carrington Mortgage Services, LLC (CMS) is pleased to announce the addition of a new appraisal vendor, CoesterVMS Nationwide Appraisal Management and Valuation Services, effective March 30, 2018. Coester VMS is […]

Want to know what’s in store for the real estate and mortgage industries in 2018? Will low inventory, rising rates, and falling affordability derail the housing recovery? Get the answers […]

Carrington Mortgage Services, Wholesale Lending division is implementing an $85 Tax Service fee. For loans where Carrington discloses, the $85 tax fee will be automatically included. This is effective immediately. […]

The Carrington Mortgage Services, LLC (CMS) Lock Desk will close early at 11:00 AM Pacific Time on Friday, March 30, 2018 for Good Friday. Normal lock hours will resume on […]

Since 2007 Carrington Mortgage Services has grown into a nationally recognized mortgage lender funding over $20 billion. We are one of the top employers by National Mortgage Professional in 2018! […]

Effective March 14, 2018, CMS will offer a separate LLPAs for FICO scores below 641 for USDA Full Documentation Loans. This should reduce the number of USDA Full Documentation loans […]

Executive Vice President Rick Sharga discuss the impact of rising interest rates on the housing market. Watch the latest video at foxbusiness.com View on FoxBusiness.com.

Per Diem Interest on FHA Streamline and VA IRRRL Loans, Effective March 1st, 2018 Effective March 1, 2018, Carrington Mortgage Services, LLC (CMS) will no longer offer an interest credit […]