Latest News

Overview Due to severe winter storms, flooding, landslide and mudslides in California, FEMA has declared the following counties a disaster. Incident Period: December 27, 2022 and Continuing State FEMA Disaster Declaration Counties California 1/14/2023 Merced, Sacramento and Santa Cruz Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these […]

Overview During the 2022 holiday season Carrington Mortgage Services, LLC (CMS) offices, including the Lock Desk, will observe the following schedule: Monday, December 26, 2022 – closed for the Christmas holiday Monday, January 2, 2023 – closed for New Year’s Day holiday Normal Lock Desk hours will resume December 27, 2022 and January 3, 2023. […]

Last Week in Review: Waiting on the Fed This past week home loan rates improved modestly as we approach an important Fed Meeting and inflation reading this week. Let's discuss what happened and talk about the headline risk on the horizon. More Signs Of Inflation Falling On Tuesday, 3rd Quarter Productivity showed that Unit Labor […]

Overview Due to Hurricane Ian in South Carolina, FEMA has declared the following counties a disaster. Incident Period: September 25, 2022 - October 4, 2022 State FEMA Disaster Declaration Counties South Carolina November 21, 2022 Charleston, Georgetown and Horry Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these […]

Overview Effective for all loan submissions received on and after January 1, 2023, Carrington Mortgage Services, LLC (CMS) will implement the following Correspondent fee schedule. The new CMS Underwriting Fees are highlighted in BLUE below: Loan Product Non-Delegated Fee Type Underwriting Flood Cert Tax Service Carrington Prime Advantage $900 $10 $85 Carrington Flexible Advantage (CFA/CFA+) […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Thursday, November 24, 2022 and Friday, November 25, 2022 in observance of Thanksgiving, which is a federal holiday.  Due to the holiday, the Lock Desk will be closing early on Wednesday, November 23, 2022 at 11:00 AM PST (early market closure of […]

Overview Effective for all loan submissions received on and after January 1, 2023, Carrington Mortgage Services, LLC (CMS) will implement the following Correspondent fee schedule. The new CMS Underwriting Fees are highlighted in BLUE below: Loan Product Non-Delegated Fee Type Underwriting Flood Cert Tax Service Carrington Prime Advantage $900 $10 $85 Carrington Flexible Advantage (CFA/CFA+) […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Friday, November 11, 2022 in observance of Veteran’s Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Monday, November 14, 2022. Locks that expire on the holiday will automatically roll to the next business day.  In addition, there […]

Overview Due to Hurricane Ian in Florida, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: September 23, 2022 and continuing State FEMA Disaster Declaration Counties Florida September 29, 2022 Brevard, Charlotte, Collier, DeSoto, Flagler, Glades, Hardee, Hendry, Highlands, Hillsborough, Lake, Lee, Manatee, Monroe, Okeechobee, Orange, Osceola, Palm […]

Overview Due to Hurricane Ian in Florida, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: September 23, 2022 and continuing State FEMA Disaster Declaration Counties Florida September 29, 2022 Brevard, Charlotte, Collier, DeSoto, Flagler, Hardee, Hendry, Highlands, Hillsborough, Lake, Lee, Manatee, Monroe, Okeechobee, Orange, Osceola, Palm Beach, […]