SUBJECT: FEMA Disaster Declaration for Tennessee
DATE: January 19th, 2022
The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4637 for the state of Tennessee due to severe storms, straight line winds and tornadoes.
Declaration Date: January 14, 2022
Incident Period: December 10 December 11, 2021
The following counties require reinspection: Cheatham, Davidson, Dickson, Gibson, Henderson, Henry, Lake, Obion, Stewart, Sumner, Weakley, Wilson
If the subject property is in one of the above counties and the appraisal was completed on or before December 11, 2021 , REMN Wholesale will require one of the following:
- An Appraisal Update and/or Completion Report (Fannie Mae form 1004D), or
- A Desktop Underwriter Property Inspection Report (Fannie Mae form 2075), or
- Catastrophic Disaster Area Property Inspection Report (CDAIR), and
- VA transactions only (when appraisal was required): A signed letter and Veteran Certification
REMN Wholesale prefers the original appraiser provide the 1004D or 2075 however REMN will accept the report from any appraiser as long as the original Appraisal Management Company assigns the appraiser (i.e., if the original appraisal order was placed through MMC, the 1004D, 2075, or CDAIR must also be ordered through MMC).
A 2075 or CDAIR is also required on the following: FNMA transaction with a property inspection waiver (PIW) from DU or an automated collateral evaluation (ACE) from LPA
NOTE: A 2075/CDAIR is not required on an FHA Streamline or VA IRRRL transaction.
In the event significant damage is indicated on the 1004D, 2075, or CDAIR additional conditions may apply. The report must comment on the impact the disaster had on the value and marketability of the property.
**Please contact your Account Executive with any questions**