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The warlord trait for iyanden that lets you re-roll failed saves. Do you get this power until you fail a save or lose a wound? For example my wraithlord is my warlord. He rolls that trait and right off the bat takes a wound from a lascannon. he didn't fail a save but he lost a wound, so does he still get to re-roll armor saves in the future?

What does the Warlord Trait say, does it say it is lost upon failing a save, or upon suffering an unsaved Wound?

I believe it says suffered an unsaved wound, but I don't have the codex

It says it's lost immediately after you suffer an unsaved wound.