Lenders Could Be At Financial Risk Despite Protection With Home Flood Insurance

Written By Priscilla Anand, GIS Technical Manager

As flooding across the U.S. continues to be a serious issue, the effect of loss or damage to homes has dramatically increased. And because most properties are financed, that home serves as collateral to lenders. This in turn means that lenders have a greater financial stake when properties are damaged by flood waters. READ MORE

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