Bad news for homeowners with a flood insurance policy—for the majority of homeowners in flood zones, rates are more than likely going to go up when the policy renewal time comes around. Starting October 1, 2021, the Federal Emergency Management Agency (FEMA) switched to a new risk rating system colloquially known ...
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Five Common Challenges Servicers Face During the Flood Tracking Process
A proactive approach to flood portfolio management is the right move for servicers navigating today’s extremely active marketplace.
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