Legislation that would allow lenders to force-place flood insurance on borrowers in designated flo seems headed for congressional approval, and lenders compelled to use that new authorization should Federal Emergency Management Agency has upped the premium ante on structures insured under the Natio Flood Insurance Program.

The agency announced it will increase the NFIP chargeable subsidized rates that apply to all struc communities participating in the NFIP emergency program, and also to certain structures in communiti regular program. The final rule, published in the May 24 Federal Register, becomes effective Oct. 1,

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