Carrington Mortgage Services, LLC (CMS) has made an immediate adjustment to the Correspondent Rate Lock policy. Effective, May 14th, 2019, the Lock Desk will no longer process any lock extensions on VA IRRRL transactions. In addition, automated lock extensions are no longer available in CorrIQ on VA IRRRL loan programs.
Please contact CorrespondentRM@carringtonms.com with any questions. Carrington thanks you for your business.