Carrington Mortgage Reviews

We recent purchased an REO from Carrington Mortgage (seller). It was a nightmare from beginning to end. It took Carrington weeks to sign their own papers that they prepared. Stating that they had to review them. They were non-responsive most of the time and the whole process took 7 months from beginning to end.

If you intend to purchase an REO that Carrington owns, fasten your safety belts, it is going to be a bumpy ride.

Also, Carrington's realtor, APRE, (Atlantic Pacific Real Estate) is a division of Carrington, their escrow coordinator is a division of Carrington, and they tried to push very hard for us to obtain financing through them too.

Very strange and scarey.

We recent purchased an REO from Carrington Mortgage (seller). It was a nightmare from beginning to end. It took Carrington weeks to sign their own papers that they prepared. Stating that they had to review them. They were non-responsive most of the time and the whole process took 7 months from beginning to end.

If you intend to purchase an REO that Carrington owns, fasten your safety belts, it is going to be a bumpy ride.

Also, Carrington's realtor, APRE, (Atlantic Pacific Real Estate) is a division of Carrington, their escrow coordinator is a division of Carrington, and they tried to push very hard for us to obtain financing through them too.

Very strange and scarey.

Call me @ 714.267.0098, my mother's loan w/ New Century now Carrington Mortgage sold her home underneath her to Deutsche Bank, my mother made payments to Carrington and now Deutsche is trying to evict her. where's the money going to, apparently not to Duetsche....i'm fed up with all the small chit chats. If anyone is serious about this class action call me....

They never reply that they received info .It has been 6 months no answer . I may just walk away ,let them lose 70K

I was with New Century, I took the interest only because they said if I decided to keep it after 3 yrs they would refinance me, I had a 800 score, well they folded my house went from 535k to 280k. CMS said they could not refi, they only processed payments, my loan went variable, my payments went way up. I tried since Nov 07 to short sale, CMS has constantly lost my paperwork, I lost several buyers, I just sent all my paperwork for the 3rd time, they never call you back, you have to get in a fight every time to talk to a supervisor. I payed 5k in taxes for 07 and kept the landscaping perfect so I could get it sold, but CMS could care less, they harass me every day, I had to call them and demand they didn't call me at 5am, they said I was lying. I have run out of money and just don't know what to do now, I am sick of them.

When they modified my loan. promising to lower the payments, but they went up, not sure how that is lowering. They change you're loan officer every 3 months so you never know who to talk to. CMS is not willing to work anything out just want money or your house,

I have always had good service with Carrington mortgage. I just had a modification submitted and it's been less than 10 days, my mod was granted. i had an adjustable rate of 8.95 they adjusted it to 6.95 at a 30 yr. fixed.

These people are crooks. They have raised my mortgage $1200/month in a year. The first time I went for modification, they told me my health insurance payments were a luxury and added that back into my net income, counted my annual bonus as additional income several times a year and added that to my net income, and said any transfers of money between accounts was a sign of additional income and added that back into my net income. When they redid my net income, I showed no need; no wonder! Then I called again: "Oh, if we made your mortgage what you could afford, that would be socialism!" HUD told me that all of this behavior was outside federal statutes and I should report them to my state attorney general, which I did. CMS then said that become I did that, they couldn't consider a refi. When I threatened them with legal action, then they sent the issue to their guru. The guru called me and told me that I had to think about Carrington's business interests. They said that I only deserved to have $725 a month in excess of their mortgage payment and my car payment and car insurance an if I had more, I didn't quality for a modification. Because I had more than $725 in my pocket after their mortgage and only my car payment, I didn't qualitfy for modification. I then asked them about my property taxes, my property insurance, my student loan, my credit card payments. And their guru literally said that they didn't care. That CMS' business interests dictate that they cannot be concerned with any consumer credit issues and that their mortgage payments are number 1, and that they expected me to be delinquent on all consumer credit and were glad for it, and could see that I would be, if I focused just on their mortgage payments. If anyone wonders why we have an economic crisis in this country, look to CMS. This attitude and response tells it all. Oh, and they never cared to disclose that my mortgage was adjustable or that I had an early termination penalty before my closing. They lied intentionally. Anyone interested in a class action suit? I will find a lawyer.

I agree they are the worst, I have had good credit, good loans for many years, they would not accept my insurance and bought me some bad insurance for 2000K, I was paying 800 for a good one, I finally had to go pay cash for it so they would drop the terrible coverage, I am not delinquent, so they wont work to lower my rate, I will move to a new company really.

I agree they are the worst, I have had good credit, good loans for many years, they would not accept my insurance and bought me some bad insurance for 2000K, I was paying 800 for a good one, I finally had to go pay cash for it so they would drop the terrible coverage, I am not delinquent, so they wont work to lower my rate, I will move to a new company really.