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Overview Due to severe storms, tornadoes and flooding in Wisconsin, FEMA has declared the following counties a disaster. Incident Period: April 12 2026 – April 22, 2026 State FEMA Disaster Declaration County Wisconsin 06/29/2026 Bayfield, Brown, Buffalo, Jackson, Jefferson, Juneau, Kenosha, Manitowoc, Marathon, Milwaukee, Outagamie, Racine, Rock, Sauk, Vernon, Washington, Waukesha, Waupaca, and Winnebago   […]

Overview Due to severe storms, straight line winds, tornadoes and flooding in Mississippi, FEMA has declared the following counties a disaster. Incident Period: May 5, 2026 – May 6, 2026 State FEMA Disaster Declaration County Mississippi 06/29/2026 Franklin, Lamar, Lawrence, Lincoln and Wilkinson   Re-Inspection by Product Type If your loan is … A re-inspection […]

Overview Due to severe storms, tornadoes and flooding in Michigan, FEMA has declared the following counties a disaster. Incident Period: April 9, 2026 – April 20, 2026 State FEMA Disaster Declaration County Michigan 06/29/2026 Alcona, Allegan, Alpena, Antrim, Barry, Benzie, Charlevoix, Cheboygan, Crawford, Emmet, Grand Traverse, Gratiot, Iosco, Kalamazoo, Manistee, Mecosta, Montcalm, Muskegon, Newaygo, Oceana, […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed Friday, July 3, 2026, in observance of Independence Day. Saturday, July 4, 2026, is the actual Federal Holiday. Normal lock desk hours will resume on Monday, July 6, 2026. Locks that expire on the holiday will automatically roll to […]

Overview The purpose of this announcement is to provide a summary of approved Carrington Mortgage Services, LLC (CMS) Non-QM underwriting guideline updates (highlighted in red).  Please note this is an abbreviated summary of the guideline changes. All updates should be viewed within the context of the full guidelines available on Carrington Correspondent.com. Generally, the updates […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk will be closed on Friday, June 19, 2026, for Juneteenth National Independence Day, which is a Federal Holiday. Normal lock hours will resume on Monday, June 22, 2026. Rate locks that expire on the holiday will automatically roll to the next business […]

Mortgage applications decreased 8.5% from one week earlier; National home price growth held near a standstill through March; homebuyer affordability declined in April, with the national median payment increasing to $2,152 from $2,131 in March; U.S. pending home sales fell 1.5% from a week earlier during the week ending May 24; and home prices continue […]

Pending home sales in April increased by 1.4% month over month and rose 3.2% year over year; Mortgage applications decreased 2.3% from one week earlier; April new home mortgage application decreased 2.4%; the median down payment fell to $23,400 in Q1 2026, a four-year low; the average 30-year fixed-rate mortgage rose to 6.51% this week, […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed on Monday, May 25, 2026 for Memorial Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, May 26, 2026. Please Note: The Lock Desk will observe regular business hours on Friday, May 22, 2026 and […]

Home sales increased 0.2% in April; mortgage applications increased 1.7% from one week earlier; after three months of increases, mortgage credit availably decreased slightly in April; the median U.S. home sale price rose 2.4% year over year – the biggest increase since March 2025; refinance volume jumps to a four-year high with the strongest home […]