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2010-09-24
article
Loans in Areas Having Special Flood Hazards
Part IV
Rules and Regulations
D09002ee1be0302b7
D09002ee1be0303c3
United States
Department of the Treasury
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org
United States Government Agency or Subagency
United States
Office of the Comptroller of the Currency
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org
United States Government Agency or Subagency
United States
Federal Reserve System
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United States Government Agency or Subagency
United States
Federal Deposit Insurance Corporation
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United States Government Agency or Subagency
United States
Department of the Treasury
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United States Government Agency or Subagency
United States
Office of Thrift Supervision
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United States Government Agency or Subagency
United States
Farm Credit Administration
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United States Government Agency or Subagency
United States
National Credit Union Administration
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United States Government Agency or Subagency
The Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), Office of Thrift Supervision (OTS), and National Credit Union Administration (NCUA) are amending their regulations, and the Farm Credit Administration (FCA) is issuing new regulations, regarding loans in areas having special flood hazards. This action is required by statute to implement the provisions of the National Flood Insurance Reform Act of 1994. This joint final rule establishes new escrow requirements for flood insurance premiums, adds references to the statutory authority and the requirement for lenders and servicers to ``force place'' flood insurance under certain circumstances, enhances flood hazard notice requirements, sets forth new authority for lenders to charge fees for determining whether a property is located in a special flood hazard area, and contains various other provisions necessary to implement the National Flood Insurance Reform Act of 1994.
61 FR 45684
https://www.govinfo.gov/app/details/FR-1996-08-29/96-21860
96-21860
fr29au96-20
RIN 1557-AB47
RIN 3064-AB66
RIN 1550-AA82
RIN 3052-AB57
Docket No. 96-20
Regulation H, Docket No. R-0897
No. 96-82
https://www.govinfo.gov/app/details/FR-1996-08-29/96-21860
https://www.govinfo.gov/content/pkg/FR-1996-08-29/html/96-21860.htm
https://www.govinfo.gov/content/pkg/FR-1996-08-29/pdf/96-21860.pdf
33 p.
45684
45716
61 FR 45684
Code of Federal Regulations
Title 12 Part 208
12 CFR Part 208
Code of Federal Regulations
Title 12 Part 22
12 CFR Part 22
Code of Federal Regulations
Title 12 Part 339
12 CFR Part 339
Code of Federal Regulations
Title 12 Part 563
12 CFR Part 563
Code of Federal Regulations
Title 12 Part 572
12 CFR Part 572
Code of Federal Regulations
Title 12 Part 614
12 CFR Part 614
Code of Federal Regulations
Title 12 Part 760
12 CFR Part 760
Regulation Identification Number 1557-AB47
RIN 1557-AB47
Regulation Identification Number 3064-AB66
RIN 3064-AB66
Regulation Identification Number 1550-AA82
RIN 1550-AA82
Regulation Identification Number 3052-AB57
RIN 3052-AB57
Loans in Areas Having Special Flood Hazards; Federal Register Vol. 61, Issue
RULE
96-21860
IV
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
FARM CREDIT ADMINISTRATION
NATIONAL CREDIT UNION ADMINISTRATION
1996-10-04
Docket No. 96-20
Regulation H, Docket No. R-0897
No. 96-82
96-21860
Joint final rule.
The Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), Office of Thrift Supervision (OTS), and National Credit Union Administration (NCUA) are amending their regulations, and the Farm Credit Administration (FCA) is issuing new regulations, regarding loans in areas having special flood hazards. This action is required by statute to implement the provisions of the National Flood Insurance Reform Act of 1994. This joint final rule establishes new escrow requirements for flood insurance premiums, adds references to the statutory authority and the requirement for lenders and servicers to ``force place'' flood insurance under certain circumstances, enhances flood hazard notice requirements, sets forth new authority for lenders to charge fees for determining whether a property is located in a special flood hazard area, and contains various other provisions necessary to implement the National Flood Insurance Reform Act of 1994.
October 1, 1996; except for subpart S of part 614, which will be effective October 4, 1996, and part 760, which will be effective November 1, 1996.
OCC: Carol Workman, Compliance Specialist (202/874-4858), Compliance Management; Margaret Hesse, Senior Attorney, Community and Consumer Law Division (202/874-5750), or Jacqueline Lussier, Senior Attorney, Legislative and Regulatory Activities Division (202/874- 5090), Office of Chief Counsel, Office of the Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.
Federal Register
Vol. 61, no. 169
Office of the Federal Register, National Archives and Records Administration
1996-08-29
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555 p.
Table of Contents:
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https://www.govinfo.gov/app/details/FR-1996-08-29
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https://www.govinfo.gov/app/details/FR-1996-08-29
https://www.govinfo.gov/content/pkg/FR-1996-08-29/pdf/FR-1996-08-29.pdf
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