Latest News Category: Bulletin

The Lock Desk at Carrington Mortgage Services, Wholesale Lending Division, will be closed Monday, October 12, 2015 in observance of Columbus Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Tuesday, October 13, 2015. Carrington Mortgage Services (CMS) offices will be open normal business hours on Monday, October 12th, 2015. As […]

Encompass will not be available all day Saturday October 3rd through Sunday October 4th and Carrington personnel will not be available in centers to work on files. Pipeline Manager will be available to accept submissions and new files  

Carrington Mortgage Services, LLC is pleased to announce the addition of a new appraisal vendor; Appraisal Links effective September 11, 2015.  Appraisal Links is a national company that utilizes one of the nation's largest networks of certified appraisers. You can access the Appraisal Links AMC at the company’s website Appraisal Links.  Credentials for current Retail […]

ANAHEIM, Calif., Aug. 4, 2015 /PRNewswire/ -- Carrington Mortgage Services, LLC (Carrington) today announced that the company's "Serving the Underserved" initiative launched in 2014 has now aided over 10,000 borrowers with their home financing. Driven by Carrington's commitment to create a more transparent and manageable home loan process, the program offers simplified loan offerings for first-time home […]

Carrington Mortgage Services Wholesale Lending Division is now offering loans from 550 FICO to max credit for your clients on FHA, VA and USDA Purchase and Refinance Programs. Newly Expanded guidelines include manufactured housing, manual  underwriting and use of non-traditional credit.  Contact your Account Executive for details.

Due to the approaching Memorial Day holiday and to facilitate earlier funding of VA IRRRL loans in the month of May, CMS will issue a lender credit for per diem interest on all VA IRRRL loans closing in the month of May.  The credit for the per diem interest must be disclosed on the HUD.

Due to recent severe winter storm, snowstorm, and flooding in New York, FEMA has declared the following counties a disaster: Cattaraugus Chautauqua Erie Genesee Jefferson Lewis Orleans Saint Lawrence Wyoming Please note: If an appraisal was completed prior to the incident date of the disaster, a re-inspection will be required. If an appraisal was not […]

Effective February 2, 2015, the USDA will update the eligible area maps. This reclassification will mostly involve areas that are going from rural to non-rural; however any areas that should have previously been made rural will now become eligible. If the property is no longer eligible based on the new area maps, the file must […]

Effective immediately, Experian has revised their policy related to removing dispute comments from an account.  They will now accept the attached letter signed by the borrower (click here).  Please note that TransUnion will also accept the attached letter signed by the borrower.  Equifax will accept either a creditor letter OR the attached letter signed by […]