Overview Due to recent Fannie Mae/Freddie Mac guidance related to cash-out refinances where borrowers request forbearance assistance, effective immediately and until further notice, Carrington Mortgage Services, LLC (CMS) will no longer offer cash-out refinance transactions under the conventional loan program. As CMS cannot foresee when a borrower will request forbearance assistance for this loan program, […]
Skip to main content
Latest News
Stabilization in the MBS Market
Read More
Last Week in Review: Stabilization in the MBS Market One of the major effects of the coronavirus was the enormous destabilization of the mortgage-backed securities (MBS) market back in mid-March. MBS pricing and trading activity determine home loan rates, so a big and fast solution was necessary. Thankfully, the Federal Reserve quickly came to the rescue […]
Announcement 20-0030: FEMA Disaster Declaration for Tennessee
Read More
Overview Due to severe storms, tornadoes, straight-line winds and flooding in Tennessee, FEMA has declared the following counties a disaster. Incident Period: April 12-13, 2020 State FEMA Disaster Declaration Counties Tennessee April 24, 2020 Bradley and Hamilton Please note: If an appraisal was completed prior to the incident date of the disaster, a re-inspection will […]
An Equal Housing Opportunity Lender. Copyright 2007 -
2024
. Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS ID # 2600. Toll Free # 800-561-4567. All rights reserved. Restrictions may apply. All loans are subject to credit, underwriting and property approval guidelines. Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site: