FEMA Declared Disaster – Louisiana (DR-4606-LA)
NewRez LLC "NewRez" Approved Correspondent Clients: please note, on June 2, 2021, FEMA issued a Major Disaster Declaration for the Louisiana Severe Storms, Tornadoes, and Flooding natural disaster events with an incident start date of May 17, 2021 and the incident end date of May 21, 2021.
Under the FEMA Declaration, the following five (5) Parishes (counties) have been designated for Individual Assistance due to the impact of the disaster:
- East Baton Rouge
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 May 21, 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.