Forum Discussion
riven1950
Sep 02, 2017Explorer
toedtoes, totally agreed. Flood insurance is required on Fed backed loans. Problem is the lenders sell the loans and then new lenders don't carry through, and of course Uncle Sam has no follow up, which is why there are only 20% or so covered. Probably will be a law suit against some lender because they didn't require it, which will be a bit ironic because it's the homeowners responsibility.
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