Latest News Category: News

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.

Check it out: Just published, Access to credit still biggest hurdle for millennials to enter real estate market by Ray Brousseau, EVP Mortgage Lending, Carrington Mortgage Services, LLC at Inman.com. This article is part of our ongoing series with Inman.com to provide mortgage content for their realtor audience.

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 […]

For system maintenance and updates, Pipeline Manager will not be available from 4:00pm Pacific Time on Saturday, December 6th through 2:00 am Pacific Time on Sunday, December 7th. Please plan accordingly to submit and access files during times when the system is operational.

Will focus on "establishing strategic alliances with banks and credit unions" The wholesale lending division of Carrington Mortgage Services has appointed David Grosteffon as its divisional sales manager for strategic accounts. In his new position, Carrington said Grosteffon will “manage the company's focus on establishing strategic alliances with leading community banks and credit unions.” Prior to joining […]