Skip to Main Content
Carrington Mortgage Services, LLC
Skip to Main Content

Latest News Category: News

Independence Day Holiday Lock Desk Hours

Overview The Carrington Mortgage Services, LLC (CMS) Lock Desk will be closed Thursday, July 4, 2019 for Independence Day, which is a Federal Holiday and also Friday July 5, 2019 for a Company Holiday. In addition, the lock desk will close early (10:00 AM PST) on Wednesday, July 3, 2019. Normal lock hours will resume […]

Read More
Carrington Delivers A BIG Non-QM Pricing Improvement on 3 programs

Big Pricing Improvement with our Non-QM Loan Programs The team at Carrington Mortgage Services is extremely excited to announce some big changes to our Non-QM pricing: Carrington Flexible Advantagesm: LLPA's improved .25% (Full Doc and lower FICO loans) - see the matrix Carrington Flexible Advantage PLUS: Base price improved .375% - across the board - […]

Read More
Update to VA IRRRL Guidelines

Overview Effective Tuesday, June 25, 2019, all VA IRRRL’s submitted to Carrington Mortgage Services, LLC (CMS) must have a 36 month or less recoupment of fees.  This applies to all VA IRRRL’s regardless of any other benefits to the borrower.  Specifically, loans with term reductions and payments going up are now ineligible for an IRRRL. […]

Read More
Rate cuts are coming

Last Week in Review: Rate cuts are coming   This past week the Federal Reserve, aka "The Fed", held their June meeting and as expected, left rates unchanged. However, they said some key things which helped both Stocks and Bonds move nicely higher, with rates touching the best levels in 21 months. The Fed removed […]

Read More
The rate decline stalls

Last Week in Review: The rate decline stalls What a difference a month makes. In May, stocks fell sharply, and interest rates declined each week. June has been a different story. The Fed has signaled rate cuts are likely coming. Stocks have been rallying higher, and the decline in interest rates has stalled. The Fed can't […]

Read More
Carrington Advantage Program Appraisal Requirements

Overview To confirm the value determination for Carrington Advantage Product (CFA, CFA Plus, and Investor Advantage) loans with amounts of $1 Million and greater, effective June 17, 2019, Carrington Mortgage Services, LLC (CMS) will implement the following new appraisal requirements.  These requirements apply for all loans received in Loan Set-Up (LSU) on and after the […]

Read More
Another week, another decline

Last Week in Review: Fed cuts and home loan rates For the sixth consecutive week home loan rates declined, once again fueled by the ongoing trade tensions between the US and China. However, the decline in rates was halted on the notion the Fed is likely to CUT rates soon. Huh? That's right -- a couple of Federal Reserve […]

Read More
New Disclosure Process

EFFECTIVE JUNE 17, 2019 As a reminder, in an effort to improve our services, Carrington Mortgage Services, LLC will transition to lender disclosed initial disclosure packages on new loan applications submitted on or after June 17th 2019. At that time, we will no longer be able to accept broker disclosed loan packages. With this change, […]

Read More
June Scotsman Guide Cover

Carrington Mortgage on the June 2019 Scotsman Guide Cover Carrington Mortgage Services, LLC is on the June 2019 Scotsman Guide cover. We are committed to Delivering More to our clients as our niche is your success!  

Read More
Home loan rates may continue to drift lower

Last Week in Review: Interest rate disconnect "Sell in May and go away"... an old Wall Street investment strategy which suggests not owning Stocks during the Summer months. That investment strategy certainly worked this past May as Stocks declined each week in response to escalating US/China tensions, weakening global economic reports, and increased fears of a US recession. […]

Read More
1 27 28 29 30 31 49
CAREERSINVESTORSABOUT USCORRESPONDENT

Equal Housing Opportunity An Equal Housing Opportunity Lender. Copyright 2007 - 2024 . Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS ID # 2600. Toll Free # 800-561-4567. All rights reserved. Restrictions may apply. All loans are subject to credit, underwriting and property approval guidelines.  Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site: www.nmlsconsumeraccess.com.

The content of this website is intended for licensed third-party originators or brokers only and may not be duplicated or disseminated to the public. Carrington Mortgage Services, LLC is one of the leading wholesale mortgage lenders.

Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram