The Office of the Comptroller of the Currency ("OCC"), Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation ("FDIC"), the Farm Credit Administration, and the National Credit Union Administration (collectively, the "Agencies") are proposing to amend their regulations regarding loans in areas having special flood hazards to implement provisions of the Biggert-Waters Flood Insurance Reform Act of 2012. Specifically, the proposal establishes requirements with respect to the escrow of flood insurance payments, the acceptance of private flood insurance coverage, and the force-placement of flood insurance. The proposal also clarifies the Agencies' flood insurance regulations with respect to other amendments made by the Act, and makes technical corrections. Furthermore, the OCC and the FDIC are proposing to integrate their flood insurance regulations for national banks and Federal savings associations, and for State non-member banks, and State savings associations, respectively.