Latest News Category: Bulletin

This bulletin announces significant changes to the way that we manage our FHA Streamline Refinances. Effective October 1, 2012 all FHA Streamlines must have include the following documents: FHA Transmittal […]

Revisions have been made to the Data Trac Action Reason Codes, the revisions include: Two (2) new columns, HMDA Reportable and AA Notice which lists when they are required “Other […]

We are happy to announce the addition of Kroll Factual Data as an approved credit vendor of CMS. Credentials will be sent to Operation Associates Friday, September 21, 2012 CMS […]

This bulletin announces the updates to the Conventional Underwriting Manual and Conventional Conforming Matrix. Conventional Underwriting Manual Updates Added “Private Transfer Fees” guidelines to the Purchase section Added “Reaffirmed Debt/Bankruptcy […]

This bulletin highlights the increase of the guarantee fee (g-fee) increases mandated by the Federal Housing Finance Agency (FHFA). Effective immediately new 45 and 60 day locks will have the […]

This bulletin highlights updates to the FHA Streamline Program and HomePath. The FHA Streamline program has been amended: AVM required on all loans with FICO scores less than 640 Effective […]

Attached is a bulletin regarding the updated Underwriting Matrix which is posted to the Intranet. Underwriting Matrix posted to the Intranet at: http://carringtonhome.corp.int/Corporate%20Document%20Library/Underwriting%20Conditions%20Matrix.pdf Updates to: Florida Illinois Indiana New York […]

Attached is a bulletin which outlines the policy regarding the use of a Power Attorney in the loan process.  The policy can be found on the Intranet Addresses the following […]

Attached is a bulletin announcing the addition of the following credit vendors: CIS, Consolidated Information Services Credit Plus Inc Equifax Mortgage Services Credentials for Associates (Operations) will be sent by […]

This bulletin outlines our requirements for properties affected by Hurricane Isaac. Download: Bulletin - #W1268 (PDF)