Latest News Category: Bulletin

Topic included in Bulletin W13-142: Veterans Day is Monday, November 11, 2013, which is a Federal Holiday CMS is open for business, the Lock Desk is closed (as the markets […]

Topic included in Bulletin W13-141: 4506T Vendor confirmation that turn times have returned to pre-government shutdown levels CMS will not revert to our normal policy regarding tax transcripts and SSN […]

All Conventional loans funded on and after Thursday, November 1, 2013, must include Tax Transcripts and SSN.  Note, that this includes loans that have funded into the month

Topic included in Bulletin W13-136: Update, Underwriting Guidelines and Matrices Update, Jumbo Maximum DTI increased to 43% Effective Immediately Update, Manufactured Home To align with FHA the Manufactured Home constructed […]

Topic included in Bulletin W13-135: Funding for Rural Development’s Single Family Housing Guaranteed Loan program is now available for fiscal year 2014 Loans that were issued Conditional Commitments “subject to” […]

Topic included in Bulletin W13-134: USDA has announced their policy regarding Fiscal Year 2014 funding for Single Family Housing Guaranteed Loans During the process of starting up loan and grant […]

Topic included in Bulletin W13-133: Banks and Credit Unions are now eligible as approved Third Party Originators The Bank and Credit Union application and documents will not be processed through […]

Topic included in Bulletin W13-132: Procedure published regarding the process for changing loans programs or loan types during the various stages of the loan application process CMS does not make […]

As we continue monitoring the government shutdown and adapting our operations to the changing environment.  Carrington is now allowing 1099 and Self Employed Borrowers are eligible to close with alternate […]

Carrington Mortgage Services will be open on Columbus Day (10/14/2013); however, our lock desk will be closed.  Normal lock desk hours will resume on Tuesday, 10/15/2013.  All locks that expire […]