FEMA Declared Disaster West Virginia (DR-4605-WV)
NewRez LLC "NewRez" Approved Correspondent Clients: please note, on May 8, 2021, FEMA issued a Major Disaster Declaration for the West Virginia Severe Storms and Flooding events with an incident start date of February 27, 2021 and an incident end date of March 4, 2021.
Under the FEMA Declaration, the following four (4) counties have been designated for Individual Assistance due to the impact of the disaster:
Effective immediately, in accordance with agency and investor requirements, NewRez will implement the following inspection requirements for loans secured by properties located in the counties identified above.
If the effective date of the appraisal or appraisal alternative was on or prior to the March 4, 2021, incident end date, an inspection is required in accordance with Chapter 15, Disaster Policy and Product Profiles prior to closing or funding of the loan.