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Overview Due to severe storms, straight-line winds, and tornadoes in Tennessee, FEMA has declared the following counties a disaster. Incident Period: December 10, 2021 - December 11, 2021 State FEMA Disaster Declaration Counties Tennessee January 14, 2022 Cheatham, Davidson, Dickson, Gibson, Henderson, Henry, Lake, Obion, Stewart,Sumner, Weakley and Wilson Re-Inspection by Product Type If your […]

Overview The Federal Housing Finance Agency (FHFA) recently announced targeted increases to Fannie Mae and Freddie Mac's Loan Level Pricing Adjustments (LLPA/upfront fees) for certain high balance/super-conforming loans and second home loans. The updated LLPAs are effective for all whole loans purchased on or after April 1, 2022 and for loans delivered into MBS pools […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed Monday, January 17, 2022 for Martin Luther King Jr. Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, January 18, 2022. Rate Locks that expire on the holiday will automatically roll to the next business […]

Overview Due to wildfires and straight-line winds in Colorado, FEMA has declared the following county a disaster. Incident Period: December 30, 2021 and Continuing State FEMA Disaster Declaration Counties Colorado December 31, 2021 Boulder Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances … FHA Full Doc […]

Overview Due to flooding and mudslides in Washington, FEMA has declared the following counties a disaster. Incident Period: November 13, 2021 - November 15, 2021 State FEMA Disaster Declaration Counties Washington January 5, 2022 Clallam, Skagit and Whatcom Re-Inspection by Product Type If your loan is …A re-inspection is required …Under these circumstances … FHA […]

Overview Due to severe storms and flooding in Alabama, FEMA has declared the following counties a disaster. Incident Period: October 6, 2021 – October 7, 2021 State FEMA Disaster Declaration Counties Alabama December 21, 2021 Jefferson and Shelby Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances […]

Overview Due to severe storms, straight-line winds, flooding, and tornadoes in Kentucky, FEMA has declared the following counties a disaster. Updated counties are shown in bold. Incident Period: December 10, 2021 and continuing State FEMA Disaster Declaration Counties Kentucky December 12, 2021 Caldwell, Christian, Fulton, Graves, Hart, Hickman, Hopkins, Logan, Lyon, Marshall, Muhlenberg, Ohio, Taylor, […]

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 […]