Carrington Mortgage Services, LLC (CMS) is pleased to announce the addition of a new appraisal vendor, Accelerated Appraisal Group, effective November 29, 2017. Accelerated Appraisal Group is an AMC that […]
Latest News Category: Bulletin
Effective December 4, 2017, Carrington Mortgage Services will no longer accept broker-disclosed submissions that do not include the $399 underwriting fee ($99 in North Carolina) on their initial Loan Estimate. […]
Overview The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed Thursday, November 23, 2017 and Friday, November 24, 2017 in observance of Thanksgiving, which is a federal […]
Great News! The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be open Friday, November 10, 2017 for normal Lock Desk hours. Because Veteran’s Day, November 11, 2017, which […]
Effective January 1, 2018, the Home Mortgage Disclosure Act (HMDA) requirements for collecting information regarding the ethnicity and race of applicants will be expanded. To collect the applicant information, a […]
Carrington may assist borrowers in Presidentially-designated disaster areas through the government’s FHA 203h loan program. HIGHLIGHTS OF THE PROGRAM • Minimum 500 FICO • 100% financing on purchases for homeowners […]
Overview Due to recent wildfires in California, FEMA has declared the following county a disaster. Please note: If an appraisal was completed prior to the incident date of the disaster, […]
Overview Carrington Mortgage Services, LLC (CMS) actively manages rate locks to offer consumers competitive pricing and minimize the Company’s interest rate exposure for loans. To enhance CMS’ competitiveness in the […]
Overview Effective October 5, 2017, Carrington Mortgage Services, LLC (CMS) enhanced BrokerIQ Pricing engine with an option to include the CMS Lender Fee into the pricing. In some cases, the […]
Help meet the individual needs of your borrowers and grow your business with our new reduction in FICO to 500 for FHA & VA government purchase programs.*** FHA Purchase 500 FICO […]