Overview Due to severe storms, straight-line winds and tornadoes in Oklahoma, FEMA has declared the following counties a disaster. Updated county is listed in bold. Incident Period: April 19, 2023 […]
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Announcements
New SOFR ARM Index and Non-QM ARM Program Changes
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Overview The London Interbank Offered Rate (LIBOR) is being discontinued as an approved index for adjustable interest rate mortgages (ARMs), and will be replaced with the Secured Overnight Financing Rate […]
Updated FEMA Disaster Declaration for California
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Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: […]
FEMA Disaster Declaration for Tennessee
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Overview Due to severe winter storms, straight-line winds and tornadoes in Tennessee, FEMA has declared the following counties a disaster. Incident Period: March 31, 2023 - April 1, 2023 State […]
Updated FEMA Disaster Declaration for California
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Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: […]
FEMA Disaster Declaration for California
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Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Incident Period: February 21, 2023 and Continuing State […]
Updated FEMA Disaster Declaration for Mississippi
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Overview Due to a severe storm, straight-line winds, and tornadoes in Mississippi, FEMA has declared the following counties a disaster. Additional counties are shown in bold. Incident Period: March 24, […]
FEMA Disaster Declaration for Arkansas
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Overview Due to severe storms, straight-line winds, tornadoes and flooding in Arkansas, FEMA has declared the following counties a disaster. Incident Period: May 24, 2024 – May 27, 2024 State […]
FEMA Disaster Declaration for Mississippi
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Overview Due to a severe storm, straight-line winds, and tornadoes in Mississippi, FEMA has declared the following counties a disaster. Incident Period: March 24, 2023 - March 25, 2023 State […]
Updated Non-QM Product Underwriting Guidelines
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Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following Non-QM program underwriting updates (highlighted in red). Please note this is an abbreviated summary of the guideline changes […]
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