0 minute readA borrower might have previously fulfilled all requirements for a loan, but new flood maps could potentially cause them to be declined for flood insurance since the future monthly costs could push ratios beyond qualifying, Rob Chrisman noted in his Daily Mortgage News and Commentary blog.
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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
