Funding has resumed in hurricane affected states.
On Friday, October 12, 2018, Carrington Mortgage Services, LLC (CMS) resumed normal operations under the Disaster Policy. CMS will authorize funding in all five states (Alabama, Florida, Georgia, North Carolina, and South Carolina) that were previously placed on hold.
FEMA has declared the following counties in Florida for Individual Assistance.
Incident Period: October 7, 2018
Only those loans in these Florida counties are required to successfully pass re-inspection prior to funding.
Alabama, Georgia, North Carolina, and South Carolina have not declared any individual assistance counties at this time, so re-inspections are not required for properties in these states.
- The only impacted loans are in the counties listed above in Florida. Any loans that already have appraisals in file will require a re-inspection.
- Any loans where appraisal inspections were dated prior to the disaster declaration date will require a re-inspection to be ordered.