Overview Due to severe storms, straight-line winds and flooding in Texas, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: July 2, 2025 […]
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Overview As a reminder, Carrington Mortgage Services, LLC (CMS) requires use of Computershare Trust Company, N.A. as the Custodian for all Non-QM Loan collateral package documents. Correspondents must provide an […]
Overview Due to severe storms, flooding, and landslides in New Mexico FEMA has declared the following county a disaster. Incident Period: June 23, 2025 and continuing State FEMA Disaster Declaration […]
Overview Due to severe storms, straight-line winds, flooding, landslides, and mudslides in West Virginia, FEMA has declared the following counties a disaster. Incident Period: June 14, 2025 - June 15, […]
Mortgage applications increased 0.8% from one week earlier; new listing fell 3.2% to their lowest level in two years; sales of previously owned homes in June fell 2.7% from May; […]
Mortgage applications decreased 10.0% from one week earlier; the Mortgage Credit Availability Index fell by 1.3% to 103.7 in June; new home applications increased 8.5% in June; homebuilders are slashing […]
Mortgage applications increased 9.4% from one week earlier; pending sales fell 3.5% year over year during the four weeks ending July 6; home prices held steady last week, while also […]
Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low; sales of previously owned homes rose very slightly in May, up 0.8% from […]
Overview Due to severe storms, tornadoes and flooding in Arkansas, FEMA has declared the following counties a disaster. Incident Period: April 2, 2025 – April 22, 2025 State FEMA Disaster […]
Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed Friday, July 4, 2025 for Independence Day, which is a Federal Holiday. Due to […]