Homeowner Flood Insurance Affordability Act of 2014 (HFIAA) News

House Subcommittee Renews Call for Private Flood Insurance

A House Financial Services subcommittee scheduled a hearing for today to focus attention on encouraging flood insurance sold by private insurers as an alternative to policies sold by the National Flood Insurance Program (NFIP). The hearing called by the Subcommittee …

Rule Addresses Lenders’ Flood Insurance Escrowing, Mandate Exemptions

Five federal regulatory agencies are seeking comment on a proposed rule pertaining to loans secured by property located in special flood hazard areas. The rule, part of a broader proposal first offeerd last October, would implement provisions of the Homeowner …