Correspondent Announcement Government and Conventional Underwriting Guideline Updates November 27, 2018 Corr18-0004 Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following Underwriting updates (highlighted in red): VA Product Underwriting Changes Document Old Requirements Updated Requirements VA Underwriting Guidelines Borrower Eligibility Must be a veteran who served the minimum duty with other than […]
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Announcements
Announcement 18-0003: Thanksgiving Holiday Lock Desk Hours
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Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Thursday, November 22, 2018 and Friday, November 23, 2018 in observance of Thanksgiving, which is a federal holiday. Due to the holiday, the Lock Desk will be closing early on Wednesday, November 21, 2018 at 11:00 AM PST (early market closure of […]
Announcement 18-0002: FEMA Disaster Declaration for California
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Overview Due to California Wildfires, FEMA has declared the following counties a disaster. Incident Period: November 08, 2018 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 required due to a property inspection waiver or product type, an inspection […]
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