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MBA Letter to HUD Requesting Federal Flood Risk Management Standard (FFRMS) Extension

Comment Letters Commercial / Multifamily FHA Multifamily Flood Insurance GSE Multifamily Policy Issue

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MBA Letter sent a letter, signed by more than 30 MAP lenders and service providers, to HUD asking to push back the effective date of the Federal Flood Risk Management Standard (FFRMS). The rule is set to go into effect for FHA Multifamily applications and pre-applications submitted after September 1, 2024.

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