Overview
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 The
Flood Disaster Protection Act of 1973 requires all federal financial
institution regulatory agencies (after consultation with the FFIEC) to
promulgate regulations requiring their respective regulated institutions not to
make, increase, extend or renew any loan secured by improved real estate or by a
mobile home that is located in a special flood area and for which flood
insurance has been made available unless the
property securing the loan is covered by flood insurance.
Insurance
amount must be at least equal to the outstanding principal balance of the loan
or the maximum available under the Act for that particular type of property,
whichever is less.
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Regulations - Loans in Areas Having Special Flood Hazards
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 OCC
12 CFR Part 22
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22.1 Authority, purpose, and scope
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22.2 Definitions
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22.3 Requirement to purchase flood insurance where available
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22.4 Exemptions
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22.5 Escrow requirement
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22.6 Required use of standard flood hazard determination form
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22.7 Forced placement of flood insurance.
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22.8 Determination fees
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22.9 Notice of special flood hazards and availability of Federal disaster relief assistance
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22.10 Notice of servicer's identity
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Appendix A to Part 22--Sample Form of Notice of Special Flood Hazards and Availability of Federal Disaster Relief Assistance
FRB
12 CFR Part 208,
section 208.25
FDIC
12 CFR Part 339
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339.1 Authority, purpose, and scope
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339.2 Definitions
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339.3
Requirement to purchase flood insurance where available
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339.4 Exemptions
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339.5 Escrow requirement
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339.6 Required use of standard flood hazard
determination form
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339.7 Forced placement of flood insurance
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339.8 Determination fees
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339.9 Notice of special flood hazards and availability of Federal
disaster relief assistance
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339.10 Notice of servicer's identity
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Appendix A to Part 339--Sample Form of Notice of Special Flood Hazards and Availability of Federal Disaster Relief Assistance
OTS
12 CFR Part 572 SEC_CODE_REF_0090001192884
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572.1 Authority, purpose, and scope
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572.2 Definitions
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572.3 Requirement to purchase flood insurance where available
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572.4 Exemptions
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572.5 Escrow requirement
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572.6 Required use of standard flood hazard determination form
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572.7 Forced placement of flood insurance
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572.8 Determination fees
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572.9 Notice of special flood hazards and availability of Federal disaster relief assistance
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572.10 Notice of servicer's identity
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Appendix A to Part 572--Sample Form of Notice of Special Flood Hazards and Availability of Federal Disaster Relief Assistance
NCUA
12 CFR Part 760
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760.1 Authority, purpose, and scope
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760.2 Definitions
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760.3 Requirement to purchase flood insurance where available
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760.4 Exemptions
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760.5 Escrow requirement
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760.6 Required use of standard flood hazard determination form
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760.7 Forced placement of flood insurance
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760.8 Determination fees
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760.9 Notice of special flood hazards and availability of Federal disaster
relief assistance
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760.10 Notice of servicer's identity
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Appendix to Part 760--Sample Form of Notice of Special Flood Hazards and
Availability of Federal Disaster Relief Assistance
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Examination Manuals
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