Overview Effective immediately, Carrington Mortgage Services, LLC (CMS) will require Sellers to transfer all FHA Cases to CMS prior to submission to Underwriting. The Seller must initiate the case transfer […]
Announcements
Overview This temporary guidance is effective for all loans submitted on or after April 13, 2020. Carrington Mortgage Services, LLC (CMS) is temporarily updating the debt to income (DTI) guidelines […]
Overview Due to severe storms, tornadoes, flooding, landslides and mudslides in Oregon, FEMA has declared the following counties a disaster. Incident Period: February 05, 2020 - February 09, 2020 State […]
Overview The IRS has announced a temporary suspension of their Income Verification Express Service (IVES) due to their COVID-19 procedures. IVES is used by mortgage vendors to obtain IRS transcripts. […]
Overview Carrington Mortgage Services, LLC (CMS) is actively monitoring the spread of COVID-19 (coronavirus) throughout the United States and we understand there may be concerns about its potential impact to […]
Overview In observance of Good Friday, the Carrington Mortgage Services, LLC (CMS) Lock Desk will be closed Friday, April 10, 2020. In addition, the Lock Desk will be closing early […]
Overview During the current telecommuting work arrangement Carrington Mortgage Services, LLC (CMS) is operating under, the Carrington Client Services Department will not be taking inbound phone calls and will request […]
Overview Carrington Mortgage Services, LLC (CMS) is actively monitoring the spread of COVID-19 (coronavirus) throughout the United States and its potential impact to our borrowers and loan originations. Our ability […]
Overview Carrington Mortgage Services, LLC (CMS) is actively monitoring the spread of COVID-19 (coronavirus) throughout the United States and we understand there may be concerns about its potential impact to […]
Overview Due to current market conditions, effective immediately all Non-QM Loans delivered to Carrington Mortgage Services, LLC (CMS) must be purchased on or prior to the lock expiration date. No […]