Overview Beginning Thursday September 5, 2024, Carrington Mortgage Services, LLC (CMS) will implement the following guideline changes on Non-QM (Carrington Prime Advantage, Carrington Flexible Advantage Plus, Carrington Flexible Advantage, and Investor Advantage) loan transactions. Updated Guideline Requirements Program Changes Carrington Prime Advantage Increased Maximum Purchase & Rate/Term Refinance LTV to 85% (FICO = 680) and […]
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Overview Due to severe storms, flooding, straight-line winds and tornadoes in Iowa, FEMA has declared the following counties a disaster. The updated county is listed in bold. Incident Period: June 16, 2024 - July 23, 2024 State FEMA Disaster Declaration Counties Iowa 06/24/2024 Buena Vista, Cherokee, Clay, Dickinson, Emmet, Humbolt, Lyon, Monona, O'Brien, Osceola, Palo […]
Overview Due to Hurricane Debby in Florida, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: August 1, 2024 – August 27, 2024 State FEMA Disaster Declaration Counties Florida 08/10/2024 Alachua, Columbia, Dixie, Gilchrist, Hamilton, Jefferson, Lafayette, Levy, Madison, Manatee, Sarasota, Suwannee and Taylor Re-Inspection by Product Type […]
This week’s data shows home prices hit a record high in June; contract signings fell 5.5% last month; starter home sales surged 10.2% in July, as buyers took advantage of the recent rate drop; delinquencies and mortgage application payments both decreased; and home prices are still slightly down, while inventory is well above last year’s […]
Overview Due to severe storms and flooding in Minnesota, FEMA has declared the following counties a disaster. Incident Period: June 16, 2024 – July 4, 2024 State FEMA Disaster Declaration Counties Minnesota 06/28/2024 Blue Earth, Cook, Cottonwood, Faribault, Freeborn, Goodhue, Itasca, Jackson, Lake, Le Sueur, Mower, Nicollet, Nobles, Rice, Rock, Saint Louis, Steele, Waseca, and […]
Overview Due to severe storms, flooding, straight-line winds and tornadoes in Iowa, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: June 16, 2024 and continuing State FEMA Disaster Declaration Counties Iowa 06/24/2024 Buena Vista, Cherokee, Clay, Dickinson, Emmet, Humbolt, Lyon, O'Brien, Osceola, Palo Alto, Plymouth, Pottawattamie, Sioux […]
Overview Due to severe storms, straight-line winds, tornadoes, landslides and mudslides in Kentucky, FEMA has declared the following counties a disaster. Incident Period: May 21, 2024 - May 27, 2024 State FEMA Disaster Declaration Counties Kentucky 07/23/2024 Butler, Caldwell, Calloway, Christian, Clay, Greenup, Hopkins, Knox, Logan, Muhlenberg, Todd, Warren and Whitley Re-Inspection by Product Type […]
Overview Due to severe storms, straight-line winds, tornadoes, and flooding in Missouri, FEMA has declared the following counties a disaster. Incident Period: May 19, 2024 - May 27, 2024 State FEMA Disaster Declaration Counties Missouri 07/23/2024 Barry, Butler, Carter, Howell, New Madrid, Ripley, Scott, Shannon, Stoddard, and Texas Re-Inspection by Product Type If your loan […]
Overview Due to severe storms, flooding, straight-line winds and tornadoes in Iowa, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: June 16, 2024 and continuing State FEMA Disaster Declaration Counties Iowa 06/24/2024 Buena Vista, Cherokee, Clay, Dickinson, Emmet, Humbolt, Lyon, O'Brien, Palo Alto, Plymouth, Sioux and Woodbury […]
Overview Due to Hurricane Beryl in Texas, FEMA has declared the following counties a disaster. Incident Period: July 5, 2024 - July 9, 2024 State FEMA Disaster Declaration Counties Texas 07/09/2024 Brazoria, Chambers, Fort Bend, Galveston, Harris, Jackson, Jasper, Jefferson, Liberty, Matagorda, Montgomery, Nacogdoches, Orange, Polk, San Jacinto, Walker, and Wharton Re-Inspection by Product Type […]