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OCCNonrulemakingOCC-2020-0008

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

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Nov 3, 2020
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Wisconsin Bankers Association filings
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Wisconsin Bankers Association filed 1 comment on this docket between Nov 3, 2020 and Nov 3, 2020. 12 other organizations filed here. The comment window closed 2093d ago.

What Wisconsin Bankers Association filed (1)

Nov 3, 2020· Wisconsin Bankers Association (WBA)· OCC-2020-0008-0024

Please find attached the Wisconsin Bankers Association's comments on Docket ID OCC-2020-0008.

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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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Co-filers (12)

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