Federal regulators requested comments on 24 proposed interagency questions and answers regarding private flood insurance. The proposal is designed to help lenders comply with the agencies’ 2019 joint rule implementing the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act of 2012.
Agencies propose private flood insurance Q&As
Federal regulators requested comments on 24 proposed interagency questions and answers regarding private flood insurance.
March 12, 2021 / By ICBA
Join ICBA Community
Interested in discussing this and other topics? Network with and learn from your peers with the app designed for community bankers.
Related Articles
ICBA Urges FDIC to Reject Applications Under Industrial Loan Company Loophole to Prevent Risks to Consumers
ICBA told the FDIC that it has a statutory duty to reject the applications of industrial loan companies (ILCs) that pose undue risks to the Deposit Insurance Fund and that fail to serve the convenience and needs of their communities.
Subscribe Today
Sign up for Independent Banker eNews to receive twice-monthly emails that alert you when a new issue drops and highlight must-read content you might have missed.