Loan impact
Summarized from the announcement · verifiedApplies to: Loans secured by properties in Washington disaster areas across conventional, FHA, VA, USDA, and non-agency programs.
- ANDCarrington loan
- ANDState is WA
- 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 areas
- Valuation; Eligibility
- Applicability confidence
- Verified: every row taken from the source text is supported by it; rows marked "from the publisher" are not quoted
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| Requirement | Previously | Now |
|---|---|---|
| FHA full documentation disaster re-inspectionTightenedRequired | Not stated | A property re-inspection is required when the original appraisal inspection occurred prior to December 19, 2025. |
| Applies when: All loan-impact conditions above · Program is FHA | ||
| VA full documentation disaster re-inspectionTightenedRequired | Not stated | A property re-inspection is mandatory if the appraisal inspection was conducted before December 19, 2025. |
| Applies when: All loan-impact conditions above · Program is VA | ||
| VA IRRRL disaster re-inspectionTightenedRequired | Not stated | A property re-inspection is required when the loan was not executed before December 19, 2025. |
| Applies when: All loan-impact conditions above · Program is VA · Purpose is irrrl | ||
| USDA full documentation and streamline assist disaster re-inspectionTightenedRequired | Not stated | A property re-inspection must be obtained if the appraisal inspection date preceded December 19, 2025. |
| Applies when: All loan-impact conditions above · Program is USDA | ||
| Conventional disaster re-inspectionTightenedRequired | Not stated | A property re-inspection is required if the appraisal inspection was performed prior to December 19, 2025. |
| Applies when: All loan-impact conditions above · Program is Conventional | ||
| Non-agency disaster re-inspectionTightenedRequired | Not stated | A property re-inspection must be completed if the appraisal inspection took place before December 19, 2025. |
| Applies when: All loan-impact conditions above · Program is Non-QM | ||
What to do
AWACS interpretation · not source languageWhat to review: Review Washington property pipeline files across conventional, government, and non-agency programs to ensure mandatory property re-inspections are completed for loans with appraisal inspection dates or note execution dates prior to December 19, 2025.
Require a property re-inspection for Washington loans across conventional, FHA, VA, USDA, and non-agency programs if the appraisal inspection was completed prior to December 19, 2025, or if a VA IRRRL was not executed prior to December 19, 2025.
Obtain property re-inspections for Washington disaster area properties securing conventional, FHA, VA, USDA, or non-agency loans where the original appraisal inspection was performed before December 19, 2025, or where a VA IRRRL was not executed before December 19, 2025.
QC implications
- Test Washington loan files across all applicable programs to confirm that a property re-inspection is present whenever the appraisal inspection took place prior to December 19, 2025.
- Verify that VA IRRRL files secured by Washington properties not executed before December 19, 2025, include the required property re-inspection.
Source and record
Version 1 · archivedChecks
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
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.
Source
- Disaster Announcement FEMA Disaster Declaration - Washington (2026-04-16) (official) ↗ (opens in a new tab)
- Archived copy, SHA-256 d0f1f077b0a7…
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