FEMA Rescinds “Mandatory Purchase of Flood Insurance Guidelines" Publication

FEMA has decided the best course of action, to prevent confusion on the part of our stakeholders, is to rescind the Guidelines.  This document will no longer be offered and will not be updated in the future.  Lenders should consult their respective regulatory agency for information regarding compliance with the mandatory purchase requirements.  NOTICE

Read About 'Rosie the Riveter'!

Long an inspiration for Nationwide's Management and Employees, Rosie the Riveter is a cultural icon of the United States, representing the American women who worked in factories and shipyards during World War II.  Read about her on Wikipedia here.

FDIC/OCC/NCUA Release on 3rd Party Vendor Rotation

FYI - The FDIC, the OCC, and the NCUA do not have a requirement that financial institutions change third-party vendors on a periodic basis.  Any such decision is a management decision not a regulatory decision. 

Life-of-Loan Definition (Important!)

Please be advised of the definition of Life-of-Loan tracking. The "Term" you input on your order determines how long we will track a loan. If you input 10 years, that is the life of the loan and that is how long Nationwide will track it. For Revolving Lines of Credit (RLOC), we suggest entering a Term longer than 1 year. There is a Renewal charge for extending loan terms on expired loans.

We will always attempt to inform our current clients when loans are expiring. 

Change a Zone Determination

Need to apply for a LOMA/LOMR to change a zone determination?
Go to:  LOMA/LOMR-F Tutorial Series 

If you would like assistance in completing the application, you may call the FEMA Map Assistance Center toll-free at 877-336-2627. FEMA service representatives are available M-F from 8:00am to 7:30pm, EST. 

Portfolio Audits

If contacted for an audit, please return the audit back noting paid off loans as soon as possible. Thank you!