Latest News Category: Bulletin

Carrington Mortgage Services, LLC (CMS) is pleased to announce that pre-closing soft pull credit reports are no longer required for Government Loans (FHA, VA and USDA). This change is effective […]

The Lock Desk will be closed on Monday, September 4, 2017, for Labor Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, September 5, 2017. Additionally, […]

Give your business a BIG boost with our minimum credit score reduction to 500 on FHA/VA loans and our improvement on pricing that starts today! Minimum 500 FICO on FHA […]

Overview Effective August 15, 2015, the Carrington Mortgage Services, LLC (CMS) Wholesale Loan Setup requirement to obtain a Written List of Providers (Settlement Service Provider List) with Itemized Fees matching […]

Carrington Mortgage Wholesale Lending continues to remain loyal to the underserved market, while competitors continually move away from this segment. To further expand our support, Carrington is offering a 25bps […]

Carrington Mortgage Services, LLC (CMS) is pleased to announce that Alaska has been added as an approved state for the Wholesale channel, effective July 20, 2017.

Overview Effective for all loans in production immediately, Carrington Mortgage Services, LLC (CMS) will apply the following guidance for VA IRRRL transactions:    

Effective immediately, Carrington Mortgage Services, LLC (CMS) will apply the following guidance for FHA loans in a standard IRS repayment plan (may not be part of a lien or judgment): […]

Overview Effective July 6, 2017 Carrington Mortgage Services, LLC (CMS) now offers the FHLMC Conventional Home Possible and Home Possible Advantage programs. These programs support CMS’ commitment to the underserved […]

Overview Effective June 27, 2017, Carrington Mortgage Services, LLC (CMS) Wholesale Loan Setup will be required to obtain a Written List of Providers (Settlement Service Provider List) with Itemized Fees […]