AWACSMortgage compliance intelligence from Flightline

Carrington Correspondent · Disaster Announcement FEMA Disaster Declaration - Mississippi (2026-07-06) · Published

Mississippi Severe Weather Disaster Inspection Policy

Carrington Correspondent mandates property re-inspections in five declared Mississippi counties following severe May storms and tornadoes. Lenders must obtain re-inspections for conventional, government, and non-agency transactions based on appraisal or loan closing dates.

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

Loan impact

Summarized from the announcement · needs review

Applies to: Loans secured by real estate in the designated Mississippi counties of Franklin, Lamar, Lawrence, Lincoln, or Wilkinson.

Applies when all of these are true
  • ANDCarrington loan
  • ANDState is MS
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
Valuation
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 announcement
RequirementPreviouslyNow
Disaster area property reinspectionNewRequiredNew requirementA reinspection is required.

What to do

AWACS interpretation · not source language

What to review: Review the mandatory property reinspection requirement for all conventional, government, and non-agency loans secured by real estate in the designated Mississippi disaster counties.

Underwriting

Ensure that required property reinspections are obtained and reviewed for transactions secured by real estate in Franklin, Lamar, Lawrence, Lincoln, or Wilkinson counties in Mississippi.

Appraisal

Order required property reinspections for properties located within the declared Mississippi disaster counties of Franklin, Lamar, Lawrence, Lincoln, or Wilkinson.

QC implications

  • Quality control should sample loans secured by properties in Franklin, Lamar, Lawrence, Lincoln, and Wilkinson counties in Mississippi to confirm required reinspections are present and verified.

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.