On December 29, 2014, NAR sent comments to the Farm Credit Administration, Federal Deposit Insurance, Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and the National Credit Union Administration. NAR's letter expressed support for a system within which homeowners are able to purchase flood insurance that is as affordable and administratively simple as possible.
Download Letter Here
NAR Comments to OCC et al Regarding the Proposed Rule Related To Mortgages in Flood Zones
Issue Date: December 29, 2014
On December 29, 2014, NAR sent comments to the Farm Credit Administration, Federal Deposit Insurance, Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and the National Credit Union Administration. NAR's letter expressed support for a system within which homeowners are able to purchase flood insurance that is as affordable and administratively simple as possible.
Download Letter Here