4816 Hearthside Drive, Summerville, SC, 29485 3 Bed • 2 Bath • 1,355 sqft This Well-Kept & Charming 3BR/2.5BA Ranch is Located in Wescott Plantation of
Home Owners Flood Insurance Affordability Act Update
The bill included an MBA (Mortgage Bankers Association) -supported amendment to clarify National Flood Insurance Program escrow requirements--a major area of concern for lenders. During consideration of the bill, MBA activated its Mortgage Action Alliance to voice industry opposition to an amendment that would have placed unnecessary limitations on force-placed insurance and significant new burdens on the process for tracking insurance. The overall bill, which passed 67-32, now heads to the House where its fate is still uncertain.
I am a certified Short Sale and Foreclosure Resource (SFR) who works with first time home-buyers, empty-nesters and investors. Call me today and let me be your eyes and ears in the Charleston tri-cou....
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