Announcements

Overview Due to severe storms, straight-line winds, flooding, and tornadoes in Kentucky, FEMA has declared the following counties a disaster. Incident Period: December 10, 2021 and continuing State FEMA Disaster Declaration Counties Kentucky December 12, 2021 Caldwell, Fulton, Graves, Hopkins, Marshall, Muhlenberg, Taylor, and Warren Re-Inspection by Product Type If your loan is … A […]

Conventional Loans The Federal Housing Finance Agency (FHFA) has issued the following maximum first mortgage loan limits that will apply to conventional loans for acquisition by Fannie Mae / Freddie Mac with a note date on and after January 1, 2022. 2022 Conventional Loan Limits Units Conforming Amount - Contiguous States and District of Columbia […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Thursday, November 25, 2021 and Friday, November 26, 2021 in observance of Thanksgiving, which is a federal holiday.  Due to the holiday, the Lock Desk will be closing early on Wednesday, November 24, 2021 at 11:00 AM PST (early market closure of […]

Overview Due to damage from remnants of Hurricane Ida in Connecticut, FEMA has declared the following counties a disaster. Incident Period: September 1, 2021 - September 2, 2021 State FEMA Disaster Declaration Counties Connecticut October 30, 2021 Fairfield, Mashantucket Pequot Indian Reservation and New London Re-Inspection by Product Type If your loan is … A […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Thursday, November 11, 2021 in observance of Veteran’s Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Friday, November 12, 2021. Locks that expire on the holiday will automatically roll to the next business day.  In addition, there […]

Overview Carrington Mortgage Services, LLC (CMS) offices, including the Lock Desk, will be closed Monday, October 11, 2021 in observance of Columbus Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Tuesday, October 12, 2021. Locks that expire on the holiday will automatically roll to the next business day.  In addition, […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following FHA underwriting updates (highlighted in red). Please note this is an abbreviated summary of the guideline changes. All updates should be viewed within the context of the full CMS FHA Underwriting Guidelines. All changes are effective immediately unless otherwise noted. FHA Underwriting Guidelines […]

Overview Due to damage from remnants of Hurricane Ida in New Jersey, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: September 1, 2021 - September 3, 2021 State FEMA Disaster Declaration Counties New Jersey September 5, 2021 Bergen, Essex, Gloucester, Hunterdon, Hudson, Mercer, Middlesex, Morris, Passaic, Somerset, […]

Overview Due to damage from wildfires in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: Jul 14, 2021 and Continuing State FEMA Disaster Declaration Counties California August 24, 2021 Lassen, Nevada, Placer, PlumasTehama and Trinity Re-Inspection by Product Type If your loan is … A re-inspection […]

Overview Due to damage from remnants of Hurricane Ida in New York, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: September 1, 2021 – September 3, 2021 State FEMA Disaster Declaration Counties New York September 5, 2021 Bronx, Dutchess, Kings, Nassau, Orange, Putnam, Queens, Richmond, Rockland, Suffolk, […]