Announcement 22-0015: FEMA Disaster Declaration for Montana Severe Storm and Flooding

July 1, 2022

Overview

Due to a severe storm and flooding in Montana, FEMA has declared the following counties a disaster.

Incident Period: June 10, 2022 and continuing

StateFEMA Disaster DeclarationCounties
MontanaJune 16, 2022Carbon, Park and Stillwater

Re-Inspection by Product Type

If your loan is …A re-inspection is required …Under these circumstances …
FHA Full DocYesIf the original appraisal inspection date was prior to the Incident Period End Date – Continuing**.
FHA StreamlineNoNot applicable
VA Full Doc and IRRRLYesIf the loan was not closed (signed) prior to the Declaration Date of 06/16/22.
USDA Full Doc and Streamline AssistYesIf the original appraisal inspection date was prior to the Incident Period End Date – Continuing**.
Conventional* and Non-AgencyYesIf the original appraisal inspection date was prior to the Incident Period End Date – Continuing**.

*If an appraisal was not required due to a property inspection waiver (PIW), an inspection report will still be required.

**In cases where FEMA has not yet issued an Incident End Date and the disaster is “Continuing”, the earliest CMS will permit a re-inspection is a minimum of 14 calendar days from the Incident Period Start Date.

For further guidance and loan property requirements refer to the Declared Disaster Policy published on carringtoncorrespondent.com.

Contacts

Please contact CorrespondentRM@carringtonms.com with any questions.

Carrington thanks you for your business.

Government Agency Approvals

FHA Non-Supervised Mortgagee Approval #:
24751-0000-5
VA Automatic Lender Approval #:
902324-00-00

Mortgagee/Loss Payee Clause

Carrington Mortgage Services LLC
ISAOA/ATIMA
P.O. Box 692408
San Antonio, TX 78269-2408

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This information is provided for your convenience and Carrington Mortgage Services, LLC makes no warranties concerning the accuracy or completeness of any of the information. This is not financial or legal advice and should not be taken as such. This information is for mortgage professionals only and is not intended for distribution to consumers.
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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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