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Lenders Should Do More to Alert Homeowners of Flood Risks, Lawmakers Say
National Mortgage News, June 17, 2021–Hannah Lang (subscription)
A congressional hearing on reforming the National Flood Insurance Program focused on whether mortgage companies need to disclose incremental risks even if a homeowner lives outside a federally designated floodplain.
https://www.nationalmortgagenews.com/news/lenders-should-do-more-to-alert-homeowners-of-flood-risks-lawmakers-say