Relevant:
- FEMA flood maps confuse, anger homeowners
- Low-risk Mich. pays high cost for flood insurance
- Fannie to Continue Buying Loans During Lapse of Flood Insurance
- OCC Takes Action Against Six Banks
- Congress Votes To Lavishly Subsidize Flood Hazard In "Real US States" While Giving Puerto Rico a Lump of Coal
2013-10-14 — americanbanker.com
``The new rules would amend the Biggert-Waters Flood Insurance Reform Act of 2012, which eliminated subsidies for residential flood insurance and permitted certain premiums that had been frozen for years to rise. The bill also placed limits on the cost of force-placed flood insurance bought by banks, among other reforms.''
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