| National Flood Insurance Act |
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| Mortgage Reference - Mortgage Law | |
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National Flood Insurance is available to any property owner whose local community participates in the national program by adopting and enforcing flood plain management. Federally regulated lenders are required to compel borrowers to purchase flood insurance in certain designated areas. Lenders also must disclose to borrowers if their structure is located in a flood hazard area.
A good FAQ about National Flood Insurane is availble here . |
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