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Loans in Areas Having Special Flood Hazards; Interagency Questions and Answers Regarding Private Flood Insurance
Type: Regulatory Interpretation
Federal Register Document Type: Proposed
Description:
The OCC, Board, FDIC, FCA, and NCUA (collectively, the Agencies) propose to supplement the Interagency Questions and Answers Regarding Flood Insurance with new questions and answers regarding the acceptance of flood insurance policies issued by private insurers pursuant to the Agencies’ private flood insurance final rule issued in February 2019. These questions and answers will assist lenders in meeting their responsibilities under the final rule and increase public understanding of the Agencies’respective flood insurance regulations. The Agencies solicit comment on all aspects of these new questions and answers.


Text of Comment Letter

Please find attached WBA's comments regarding Interagency Questions and Answers Regarding Private Flood Insurance RIN 3133–AF31.

Thank you.

Scott Birrenkott
Assistant Director - Legal I Wisconsin Bankers Association I 608.441.1200, ext 244 I www.wisbank.com

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The information contained in this electronic communication and any attached documentation is intended to be general information only and does not constitute legal advice. Transmission of this information is not intended to create, and receipt does not constitute, an attorney-client relationship.

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Attachments: