NFIP Lapse – Has the NCUA Issued Guidance Regarding a Lapse in the NFIP?

Compliance > Lending > Flood
Q:  Has the NCUA Issued Guidance Regarding a Lapse in the NFIP?
 
 
A:  Yes.  Lapses in the NFIP can impact your procedures related to handling flood insurance.  You may find it here - https://www.ncua.gov/Resources/Documents/LCU2010-08Encl.pdf

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