|Subject:||FEMA Issues 2007 Edition of its Mandatory Purchase of Flood Insurance Guidelines|
|Date of Memorandum:||12/11/2007|
|Expiration Date:|| |
|Signed By:||McKenzie, Thomas|
|FCA Contact Person:||Miller, Charlotte|
|List of Attachments:||NONE|
Farm Credit Administration 1501 Farm Credit Drive
December 11, 2007
To: Chief Executive Officer
All Farm Credit Institutions
From: Thomas G. McKenzie, Director and Chief Examiner
Office of Examination
Subject: FEMA Issues 2007 Edition of its Mandatory Purchase of Flood Insurance Guidelines
The 2007 edition of the Federal Emergency Management Agency’s (FEMA) flood insurance guidelines has been released.
This booklet clarifies some of the issues that have arisen since the 1999 edition. For your convenience, an electronic version
can be downloaded at http://www.fema.gov/library/viewRecord.do?id=2954. A print version of the booklet can be ordered
by calling 1-800-480-2520.
The booklet highlights certain program changes including:
Processing of Letters of Map Change
Options for purchasing coverage for buildings under construction, and
Updated Mortgage Portfolio Protection Program information
The information pertaining to flood insurance requirements for agricultural properties remains substantially unchanged.
If you have any questions about this memorandum, please contact Charlotte Miller, FCA Examiner, Office of Examination, at
(703) 883-4272, or by e-mail at email@example.com.