Incoming: Flood Insurance Premium Changes from Risk Rating 2.0
Flood insurance providers may begin communicating often substantial rate increases to borrowers this month. Here’s how to prepare for customer ...
Tag: Flood insurance
The Increasingly Hot Topic of Climate Change: What Compliance Officers Need to Know
Climate change is a big issue, but compliance officers are adept at issue management. Start with root cause analysis.
Are Mobile Homes ‘Permanent’ Under Federal Flood Regulations?
Questions and answers from the July/August 2021 ABA Regulatory Policy and Compliance Inbox.
ABA: Flood Insurance Guidance Should Not Serve as Basis for Supervisory Action
The American Bankers Association and 10 other trade groups commented today on the banking agencies’ proposed flood insurance guidance and ...
FEMA Unveils Changes to NFIP Pricing Methodology
The Federal Emergency Management Agency today announced sweeping changes to the National Flood Insurance Program that will fundamentally alter the ...
FEMA: NFIP Overhaul Could Have Uneven Consequences for States
Ahead of an expected announcement on changes to the National Flood Insurance Program, the Federal Emergency Management Agency has begun ...
Banking Agencies Request Public Comment on Private Flood Insurance Guidance
The banking agencies today requested public comment on 24 proposed interagency questions and answers about private flood insurance.
ABA, Trade Groups Support HUD Private Flood Insurance Proposal
The American Bankers Association today joined a coalition of finance, housing and insurance trade groups in a letter urging the ...
Who Makes the Final Decision about Filing a SAR?
. . . and other questions in ABA’s Regulatory Policy and Compliance Inbox.
HUD Proposal to Allow Private Flood Insurance for FHA-Insured Mortgages
The Department of Housing and Urban Development today Read the proposal to allow mortgagors the option to purchase private floor insurance ...
