AWACSMortgage compliance intelligence from Flightline

Carrington Correspondent · Investor Policy Update FEMA Disaster Declaration - Louisiana (2026-07-06) · Published

Property Re-Inspection Mandate for Declared Parishes in Louisiana

Carrington Correspondent mandates property re-inspections for multiple mortgage types secured by properties within designated Louisiana disaster parishes. Specific inspection timing triggers apply depending on appraisal completion or closing dates.

Action requiredNo effective date statedChecks passed· adjusted automaticallyRead the update ↗ (opens in a new tab)

Loan impact

Summarized from the update · needs review

Applies to: Loans secured by real estate located in declared disaster areas of Louisiana across conventional, government, and non-agency programs.

Applies when all of these are true
  • ANDCarrington loan
  • ANDState is LA
Addressed to
Carrington correspondent sellersFrom the publisher, not quoted from the text
Investor
CarringtonFrom the publisher, not quoted from the text
Programs
Conventional, FHA, Non-QM, USDA, VA
Affected area
Eligibility
Applicability confidence
Needs review: some rows could not be matched to a quote from the source

Summary by AWACS. Carrington Correspondent's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)

What changed

Summarized from the update
RequirementPreviouslyNow
Re-inspection mandate for conventional mortgagesNewRequiredNot statedA property re-inspection is mandated when the initial appraisal occurred before June 17, 2026.
Re-inspection requirement for FHA full documentation mortgagesNewRequiredNot statedA property re-inspection is mandated when the initial appraisal inspection took place prior to June 17, 2026.
Re-inspection requirement for VA full documentation loansNewRequiredNot statedA property re-inspection is mandated when the initial appraisal inspection took place prior to June 17, 2026.
Re-inspection requirement for VA interest rate reduction refinance loansNewRequiredNot statedA property re-inspection is mandated if the mortgage loan was not signed prior to June 16, 2026.
Re-inspection mandate for USDA standard documentation and streamline assist loansNewRequiredNot statedA property re-inspection is mandated when the initial appraisal inspection took place prior to June 17, 2026.
Re-inspection mandate for non-agency mortgagesNewRequiredNot statedA property re-inspection is mandated when the initial appraisal occurred before June 17, 2026.

What to do

AWACS interpretation · not source language

What to review: Review the mandatory property re-inspection triggers for declared Louisiana disaster parishes across conventional, government, and non-agency loan programs.

Underwriting

Require property re-inspections on conventional, FHA, VA full documentation, USDA, and non-agency loans where the appraisal occurred prior to June 17, 2026, and on VA interest rate reduction refinance loans not signed prior to June 16, 2026, for properties in declared Louisiana disaster parishes.

QC implications

  • Verify that disaster re-inspections are present in loan files for declared Louisiana parishes when appraisal inspections occurred before June 17, 2026, or when VA IRRRL loan documents were not signed prior to June 16, 2026.

Source and record

Version 2 · archived

Checks

  • Source verified: Passed

    The document ID, link and publication date match the official source.

  • Quotes match the source: Passed

    Every quoted passage appears word for word in the official document.

  • Requirements backed by the source: Passed, adjusted automatically

    Anything marked required is backed by the requirement language and dates in the source.

    • A detail the source does not support was removed or adjusted
    • An independent check could not confirm which loans a change applies to; those conditions were removed

  • In scope: Passed

    The document is about residential mortgage lending.

  • Format and labels: Passed

    The record follows the AWACS format and uses its standard labels.