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Overview Due to damage from remnants of Hurricane Ida in New York, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: September 1, 2021 – September 3, 2021 State FEMA Disaster Declaration Counties New York September 5, 2021 Bronx, Dutchess, Kings, Nassau, Orange, Putnam, Queens, Richmond, Rockland, Suffolk, […]

Overview Due to damage from remnants of Hurricane Ida in Pennsylvania, FEMA has declared the following counties a disaster. Incident Period: August 31, 2021 - September 5, 2021 State FEMA Disaster Declaration Counties Pennsylvania September 10, 2021 Bucks, Chester, Delaware, Montgomery, Philadelphia and York Re-Inspection by Product Type If your loan is … A re-inspection […]

Overview Due to damage from remnants of Hurricane Ida in Pennsylvania, FEMA has declared the following counties a disaster. Incident Period: August 31, 2021 - September 5, 2021 State FEMA Disaster Declaration Counties Pennsylvania September 10, 2021 Bucks, Chester, Delaware, Montgomery, Philadelphia and York Re-Inspection by Product Type If your loan is … A re-inspection […]

Overview Due to damage from remnants of Tropical Storm Fred in North Carolina, FEMA has declared the following counties a disaster. Incident Period: August 16, 2021 – August 18, 2021 State FEMA Disaster Declaration Counties North Carolina September 8, 2021 Avery, Buncombe, Haywood, Madison, Transylvania, Watauga, and Yancey Re-Inspection by Product Type If your loan […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following guideline enhancements for the Non-QM loan programs (Prime Advantage, Flexible Advantage Plus and Investor Advantage). These changes are effective September 13, 2021. Prime Advantage Program The Prime Advantage program has the following enhancements: Increased Maximum Loan Amount to $3,500,000 Increased Maximum Cash-Out from […]

Last Week in Review: ECB Scales Back, No Tantrum – Yet. Home loan rates have bounced around the past couple of weeks in response to good, bad, and even some ugly news. Let’s break down last week’s big news and what it means to the housing market and economy. The European Central Bank (ECB) Buying […]