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#1675458 - 03/09/12 02:27 AM MPPP
Many Hats Offline
Platinum Poster
Joined: May 2008
Posts: 915
Orlando, FL
If a bank has a MPPP, does that mean that all properties are covered for flood at all times? For example, if a borrower's flood policy expires, id the bank automatically covered upon the expiration of that policy? Are there any notification requirements?

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Flood Compliance
#1675460 - 03/09/12 11:52 AM Re: MPPP Many Hats
rlcarey Online
10K Club
Joined: Jul 2001
Posts: 77,570
Galveston, TX
Read Appendix 7 in the MPFIG, the notification requirements are fully outlined there.
The opinions expressed here should not be construed to be those of my employer:

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