Announcement 20-0072: Updated FEMA Disaster Declaration for California

Overview

Due to California wildfires, FEMA has declared the following counties a disaster. Updated counties are shown in bold.

Incident Period: August 14, 2020 – Continuing

StateFEMA Disaster DeclarationCounties
CaliforniaAugust 22, 2020Butte, Lake, Lassen, Mendocino, Monterey, Napa, San Mateo, Santa Clara, Santa Cruz, Solano, Sonoma, Stanislaus, Trinity, Tulare and Yolo

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 08/22/2020.
Conventional*YesIf 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.