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Borrower expectations
book and monitor creditworthy clients
segmentation
Differences still exist
Flood Fundamentals Borrower expectationsHurricanes. Sea swells. Rainstorms. Snow melts. Ice jams. Any one of these things can cause flooding and substantial damage to your banks collateral and your customers property. FEMA, the government agency that exists to help Americans through the worst emergencies, doesnt have the ability or desire to foot the bill for every Act of God that wreaks havoc on the land. So they require flood insurance to help manage the risk through you, the friendly
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