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Announcement 18-0011: Fannie/Freddie Conventional Loan Programs Expiring

December 13, 2018

Overview

Effective December 31, 2018, the following Fannie Mae and Freddie Mac conventional loan programs are scheduled to expire. Carrington Mortgage Services, LLC (CMS) will discontinue offering both programs as of the December 31st effective date.

Fannie Mae DU Refi Plus

All Fannie Mae DU Refi Plus mortgage loans must have application dates on or before December 31, 2018.

DU Refi Plus whole loans must be purchased by Fannie Mae on or before September 30, 2019, or must be delivered into Mortgage Backed Security (MBS) pools with issue dates on or before September 30, 2019.

Freddie Mac Open Access

All Freddie Mac Relief Refinance - Open Access mortgage loans must have application dates on or before December 31, 2018.

All Open Access mortgage loans must have settlement dates on or before September 30, 2019.
Contacts

Please contact CorrespondentRM@carringtonms.com with any questions.

Carrington thanks you for your business.

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Equal Housing Opportunity 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: www.nmlsconsumeraccess.com.

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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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