Private Flood Ins. – We're just a few days away from July 1, 2019. May lenders comply with the final rule prior to the effective date of July 1?

Compliance > Lending > Flood > 2019 Private Flood Insurance Rule
Q:  We're just a few days away from July 1, 2019.  May lenders comply with the final rule prior to the effective date of July 1?
 
A:  Yes.  As the agencies discussed in the preamble to the final rule, lenders may comply with the final rule prior to the effective date if they wish to do so.
 
 
This Q&A was part of the discussion in the Outlook Live – 2019 Interagency Flood Insurance Update on Private Flood Insurance Rule webinar held on 6/18/19 and focused on the new private flood insurance rules that become effective 7/1/19.  Information may be found here:   https://www.webcaster4.com/Webcast/Page/577/30085
 

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