The National Flood Insurance Program (NFIP), the insurance fund that insures borrowers against the risk of loss from flooding, is administered under three statutes: the National Flood Insurance Act of 1968 (1968 Act), the Flood Disaster Protection Act of 1973 (FDPA), and Title V of the Riegle Community Development and Regulatory Improvement Act of 1994 (Title V).1 The 1968 act made federally subsidized flood insurance available to owners of....
Introduction Examination Procedure....
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