Mortgage Bankers Association
OCCNonrulemakingOCC-2020-0008

Loans in Areas Having Special Flood Hazards; Interagency Questions and Answers Regarding Flood Insurance

RIN
Last modified
Nov 3, 2020
Comment window
closed 2093d ago
Mortgage Bankers Association filings
2

Activity

Mortgage Bankers Association filed 2 comments on this docket between Aug 20, 2020 and Oct 28, 2020. 12 other organizations filed here. The comment window closed 2093d ago.

What Mortgage Bankers Association filed (2)

Oct 28, 2020· Mortgage Bankers Association (MBA) 2· OCC-2020-0008-0021

Filed on regulations.gov — full text not in the inline record.

Aug 20, 2020· Mortgage Bankers Association (MBA) 1· OCC-2020-0008-0009

Filed on regulations.gov — full text not in the inline record.

Abstract

The OCC, Board, FDIC, FCA, and NCUA (collectively, the Agencies) propose to reorganize, revise, and expand the Interagency Questions and Answers Regarding Flood Insurance and solicit comment on all aspects of the amendments. To help lenders meet their responsibilities under Federal flood insurance law and to increase public understanding of their flood insurance regulations, the Agencies have prepared proposed new and revised guidance addressing the most frequently asked questions and answers about flood insurance. Significant topics addressed by the proposed revisions include the effect of major amendments to flood insurance laws with regard to the escrow of flood insurance premiums, the detached structure exemption, and force-placement procedures.

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