FWIW, I agree with what all Dan has said...in addition, realize that your vendor can be very late in sending notification to you when a property is now in a zone...
All LOL means to me is, is that as long as that loan just sits on the books performing? I don't worry about it. If something is done with that loan? There is going to be some action on my part regarding flood...at a minimum verifying whether or not the map has changed...further action as necessary if that answer is yes.
My opinion only.
Say You'll Haunt Me-Stone Sour