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FDIC RIN: 3064-AE27 Publication ID: Spring 2015 
Title: ●Loans in Areas Having Special Flood Hazards 

The Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, the Farm Credit Administration, and the National Credit Union Administration (collectively, the Agencies) are amending their regulations regarding loans in areas having special flood hazards to implement certain provisions of the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA), which amends some of the changes to the Flood Disaster Protection Act of 1973 mandated by the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters). Specifically, the proposal would establish requirements with respect to the escrow of flood insurance payments, consistent with the changes set forth in HFIAA. The proposal also would incorporate an exemption in HFIAA for certain detached structures from the mandatory flood insurance purchase requirement.  The Agencies plan to address in a separate rulemaking other provisions of Biggert-Waters over which the Agencies have jurisdiction that have not been affected by HFIAA.



Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
CFR Citation: 12 CFR 339   
Legal Authority: 12 U.S.C. 1462    12 U.S.C. 1462a    12 U.S.C. 1463    12 U.S.C. 1464    12 U.S.C. 1819(10)    ...   
Legal Deadline:  None
Action Date FR Cite
NPRM  10/30/2014  79 FR 64518   
NPRM Comment Period End  12/29/2014 
Final Rule  09/00/2015 
Additional Information: Email: Comments submitted must include "Interagency Flood Insurance, 3064-ESCROW" in the subject line. Comments received will be posted without change to, including any personal information provided.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL:   Public Comment URL:  
RIN Data Printed in the FR: No 
Related Agencies: Joint: TREAS/OCC, FRS, FCA, NCUA; 
Agency Contact:
Navid Choudhury
Senior Attorney
Federal Deposit Insurance Corporation
550 17th Street NW, MB-3071,
Washington, DC 20429
Phone:202 898-6526

John M. Jackwood
Acting Chief, Compliance Section
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3991