Page 7 - July 2017
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•   OCC has issued a notice to announce it seeks   28/pdf/2017-13482.pdf. Federal Register, Vol. 82,
                   comment on the information collection titled   No. 123, 06/28/2017, 29299-29300.
                   OCC Guidelines Establishing Heightened
                   Standards for Certain Large Insured National   FEMA Issues Final Rules on Suspensions
                   Banks, Insured Federal Savings Association, and   of NFIP Community Eligibility.
                   Insured Federal Branches. OCC is also giving
                   notice that it has sent the collection to OMB for   •   FEMA has issued a final rule which identifies
                   review. Comments are due 09/05/2017. The          communities in the state of Montana, where the
                   notice may be viewed at:                          sale of flood insurance has been authorized under
                   https://www.gpo.gov/fdsys/pkg/FR-2017-07-         the National Flood Insurance Program (NFIP)
                   05/pdf/2017-14000.pdf. Federal Register, Vol.     that are scheduled for suspension on the effective
                   82, No. 127, 07/05/2017, 31151-31153.             dates listed within the final rule because of
                                                                     noncompliance with the floodplain management
               HUD Requests Comment on Home                          requirements of the program. If FEMA receives
               Equity Conversion Mortgage Insurance                  documentation that the community has adopted
               Application for the Origination of                    the required floodplain management measures
               Reverse Mortgages and Related                         prior to the effective suspension date given in the
                                                                     final rule, the suspension will not occur and a
               Documents.                                            notice of this will be provided by publication in
                                                                     the Federal Register on a subsequent date. The
               The Department of Housing and Urban Development
               (HUD) has issued a notice to announce it seeks        effective date of each community’s scheduled
               comment on the information collection titled Home     suspension is the third date listed in the third
               Equity Conversion Mortgage (HECM) Insurance           column of the tables in the final rule. The final
               Application for the Origination of Reverse Mortgages   rule may be viewed at:
               and Related Documents. HUD is also giving notice      https://www.gpo.gov/fdsys/pkg/FR-2017-06-
               that it has sent the collection to OMB for review.    23/pdf/2017-12991.pdf. Federal Register, Vol.
               Comments are due 08/07/2017. The notice may be        82, No. 120, 06/23/2017, 28565-28566.
               viewed at: https://www.gpo.gov/fdsys/pkg/FR-2017-
               07-06/pdf/2017-14184.pdf. Federal Register, Vol.   •   FEMA has issued a final rule which identifies
               82, No. 128, 07/06/2017, 31343-31344.                 communities in the states of California, Maine,
                                                                     Pennsylvania, and South Carolina, where the
               FEMA Issues Final Flood Hazard                        sale of flood insurance has been authorized under
               Determination.                                        the National Flood Insurance Program (NFIP)
                                                                     that are scheduled for suspension on the effective
               The Federal Emergency Management Agency               dates listed within the final rule because of
               (FEMA) has issued a final notice which identifies     noncompliance with the floodplain management
               communities in the states of California, Hawaii, and   requirements of the program. If FEMA receives
               Minnesota, where flood hazard determinations,         documentation that the community has adopted
               which may include additions or modifications of
               Base Flood Elevations (BFEs), base flood depths,      the required floodplain management measures
               Special Flood Hazard Area (SFHA) boundaries or        prior to the effective suspension date given in the
               zone designations, or regulatory floodways on the     final rule, the suspension will not occur and a
               Flood Insurance Rate Maps (FIRMs) and where           notice of this will be provided by publication in
               applicable, in the supporting Flood Insurance Study   the Federal Register on a subsequent date. The
               (FIS) reports have been made final. The FIRM and      effective date of each community’s scheduled
               FIS report are the basis of the floodplain management   suspension is the third date listed in the third
               measures that a community is required either to adopt   column of the tables in the final rule. The final
               or to show evidence of having in effect in order to   rule may be viewed at:
               qualify or remain qualified for participation in      https://www.gpo.gov/fdsys/pkg/FR-2017-06-
               FEMA’s National Flood Insurance Program (NFIP).       29/pdf/2017-13565.pdf. Federal Register, Vol.
               The final notice is effective 09/29/2017. The notice   82, No. 124, 06/29/2017, 29435-29438.
               may be viewed at:
               https://www.gpo.gov/fdsys/pkg/FR-2017-06-



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