News & Analysis as of

Farm Credit Administration Flood Insurance

Bradley Arant Boult Cummings LLP

HUD Authorizes Acceptance of Private Flood Insurance for FHA-Insured Mortgages

Effective December 21, 2022, the Federal Housing Administration (FHA) amended its regulation at 24 C.F.R. § 203.16a to allow FHA borrowers to purchase private flood insurance for properties located in Special Flood Hazard...more

Bradley Arant Boult Cummings LLP

Federal Agencies to Update Q&As Regarding Flood Insurance

It has been nine years since the Interagency Questions and Answers Regarding Flood Insurance (Flood Insurance Q&As)have seen any revisions. But that’s all about to change. Under the National Flood Insurance Reform Act of 1994...more

Nutter McClennen & Fish LLP

Nutter Bank Report, February 2019

1. FDIC Proposes Changes to Deposit Insurance Assessment Rule for CBLR Banks The FDIC has published a proposal that describes how the agency would apply the Community Bank Leverage Ratio (“CBLR”) framework previously...more

A&O Shearman

US Federal Regulatory Agencies Request Comment on Proposed Private Flood Insurance Rule

A&O Shearman on

The US Federal Reserve Board, the Farm Credit Administration, the FDIC, the National Credit Union Administration and the OCC issued a joint notice of proposed rulemaking to implement provisions of the Biggert-Waters Flood...more

Katten Muchin Rosenman LLP

Agencies Request Comment on Proposed Flood Insurance Rule

Five federal regulatory agencies on October 24 announced the approval of a joint notice of proposed rulemaking to amend regulations pertaining to loans secured by property located in special flood hazard areas. The proposed...more

Ballard Spahr LLP

Agencies Issue Statement on Increased Maximum Flood Insurance Coverage for Other Residential Buildings

Ballard Spahr LLP on

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Farm Credit Administration, the National Credit Union Administration, and the Federal Deposit Insurance Corporation...more

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