Latest News Category: Bulletin

Topic included in Bulletin W13-008: Please note that the email address to submit all expense reports has been corrected to:   MLDExpenseReports@carringtonms.com The Bulletin has been updated with this information Download: Bulletin - W13-008 (PDF)

Topic included in Bulletin W13-005: MLD has published a Declared Disaster Policy Policy provides general guidelines that must be followed in the event of a major disaster Policy outlines the requirements by loan type; Conventional, FHA, VA and USDA Policy posted to Intranet at Mortgage Services/Mortgage Lending/Policies and Procedures/Policies/Declared Disaster Policy Download: Bulletin - 13-005 […]

Carrington Mortgage Services, LLC (CMS) is closed Monday, January 21, 2013 for Martin Luther King Day, which is a Federal Holiday. The Lock Desk will be closed on Monday and normal lock hours will resume on Tuesday, January 22, 2013. As a reminder, pursuant to the Lock Policy all lock extensions need to be requested […]

Topic Included in Bulletin W1304: The Helping Families Save Their Home (HFSH) Act of 2003 required all mortgage loan originators and lenders that do business with FHA to be in compliance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), by registering with the National Mortgage Licensing System (NMLS) Lenders […]

Topics included in Bulletin W1303: Monday, January 21, 2013 is Martin Luther King Day and is a Federal Holiday CMS is closed on Monday, January 21, 2013 Normal lock hours will resume on Tuesday, January 22, 2013 Lock extensions must be required prior to expiration Reminder, important disclosure dates associated with the holiday Announcement to […]

Topics included in Bulletin W1301: Update to MLD Travel and Expense Policies Effective Immediately A copy of the Policy is attached for your reference and can also be found on the Intranet at: http://carringtonhome.corp.int/Corporate%20Document%20Library/MLD%20-%20Travel%20and%20Expense%20Policies.pdf Updates Include: Hotel Rental Cars Meals and Entertainment Cell Phones and Long Distance Home Phone Charges Meetings, Seminars, Holiday Parties and […]

Materials to help you better navigate the BRM is available to you now. You can access at this page - http://carringtonwholesale-prod-web-wp.azure.corp.int/aelounge/training-center/ Keep coming back as new videos and guides will be posted in the future.

National Tax Verification (NTV) is no longer an approved vendor for CMS – MLD All tax transcripts must be ordered through The Work Number If NTV tax transcripts are obtained they will not be accepted and must be re-ordered through The Work Number Download: Bulletin - #W1325 (PDF)

The Underwriting Matrix has been updated and include the following topics: All States – Flood Insurance, for all properties located in a flood zone, evidence of insurance prior to closing the transaction is required Connecticut – All DU Refi Plus loan products are eligible Idaho – Now available for the Wholesale channel Kentucky – Now […]

Attached is a bulletin regarding the FHA 2013 loan limits. The 2013 loan limits apply to loans with case numbers assigned within the effective period of January 1, 2013 and December 31, 2013. The minimum FHA Loan Limits by property size for 2013 are: 2013 Loan Limits Property Size 2013 Loan Limit One-Unit $271,505 Two-Unit […]