Overview
Effective December 31, 2018, the following Fannie Mae and Freddie Mac conventional loan programs are scheduled to expire. Carrington Mortgage Services, LLC (CMS) will discontinue offering both programs as of the December 31st effective date.
Fannie Mae DU Refi Plus
All Fannie Mae DU Refi Plus mortgage loans must have application dates on or before December 31, 2018.
DU Refi Plus whole loans must be purchased by Fannie Mae on or before September 30, 2019, or must be delivered into Mortgage Backed Security (MBS) pools with issue dates on or before September 30, 2019.
Freddie Mac Open Access
All Freddie Mac Relief Refinance - Open Access mortgage loans must have application dates on or before December 31, 2018.
All Open Access mortgage loans must have settlement dates on or before September 30, 2019.
Contacts
Please contact CorrespondentRM@carringtonms.com with any questions.
Carrington thanks you for your business.