# 2025-09158: OCC Renews Flood-Zone Loan Paperwork for Banks and Borrowers 2025-09158, Agency Information Collection Activities: Information Collection Renewal; Comment Request; Loans in Areas Having Special Flood Hazards, is a Federal Register notice from Treasury Department, Comptroller of the Currency published 2025-05-22, effective Comments must be received by July 21, 2025.; PRIA reads it as touching household money (as of 2026-10-22). - Canonical: https://policyrisk.com/federal-register/2025-09158 - As of: 2026-10-22 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Document number: 2025-09158 - Title: Agency Information Collection Activities: Information Collection Renewal; Comment Request; Loans in Areas Having Special Flood Hazards - Type: Notice - Agencies: Treasury Department; Comptroller of the Currency - Citation: 90 FR 21985 - Published: 2025-05-22 - Effective: Comments must be received by July 21, 2025. - Comments close: not stated - Significant: no - Touches household money: yes - Regulation identifier numbers: none - Last updated: 2026-10-22 ## In one line OCC Renews Flood-Zone Loan Paperwork for Banks and Borrowers ## Summary The Office of the Comptroller of the Currency (OCC) is renewing its paperwork rules for loans in flood-prone areas and wants your feedback by July 21, 2025. This affects banks and borrowers in special flood hazard zones, aiming to keep paperwork clear and manageable without adding extra costs. Your comments help shape how these rules stay fair and easy to follow! ## Abstract The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Loans in Areas Having Special Flood Hazards." ## Effects PRIA read - Paperwork burden on banks and servicers: cost, high. The OCC is renewing its information collection for loans in Special Flood Hazard Areas and estimates 978 respondents with a total annual burden of 141,239 hours. Comments on the renewal are due by July 21, 2025. - Mandatory escrow for flood insurance premiums: mixed, medium. For loans secured by property in a Special Flood Hazard Area made, increased, extended, or renewed on or after January 1, 2016, national banks and Federal savings associations (and their servicers) must escrow flood insurance premiums and fees, subject to certain exceptions by loan type and institu… - Forced-placement insurance and borrower charges: mixed, medium. If a lender or servicer finds that the property securing a loan lacks adequate flood insurance, the lender must notify the borrower to obtain coverage and, if the borrower does not buy it, the lender or servicer must purchase insurance on the borrower's behalf and may charge the borrower for premiu… - Required use and retention of FEMA form: cost, low. National banks and Federal savings associations must use the FEMA Standard Flood Hazard Determination Form for required determinations and must retain a copy of the completed form for the period the bank or savings association owns the loan. - Required borrower notices and record retention: benefit, low. When making, increasing, extending, or renewing a loan on property in a Special Flood Hazard Area, lenders must provide a written borrower notice that includes specific statements (e.g., that the property is in a special flood hazard area, NFIP availability, private insurance availability, encourag… - Banks may accept private flood insurance: benefit, low. Under 12 CFR 22.3, national banks and Federal savings associations may accept a private flood insurance policy that is not under the National Flood Insurance Program if the policy provides sufficient protection of the designated loan and the institution documents its conclusion that protection is s… - Requirement to notify FEMA of servicer identity changes: cost, low. Lenders making, increasing, extending, renewing, selling, or transferring a loan secured by property in a Special Flood Hazard Area must notify FEMA (or its designee) of the loan servicer's identity and must notify FEMA of any change in servicer within 60 days after the effective date of the change. ## Related documents - [2026-17823](https://policyrisk.com/federal-register/2026-17823): Unsafe or Unsound Practices, Matters Requiring Attention, 2026-09-01 - [2026-08298](https://policyrisk.com/federal-register/2026-08298): Regulatory Capital Rule: Community Bank Leverage Ratio Framework, 2026-04-29 - [2026-08328](https://policyrisk.com/federal-register/2026-08328): National Bank Non-Interest Charges and Fees, 2026-04-29 - [2026-08143](https://policyrisk.com/federal-register/2026-08143): Streamlining Regulations Concerning Public Welfare Investments, Open Market Collateralized Loan Obligations, and Federal Savings Associatio…, 2026-04-27 - [2026-05960](https://policyrisk.com/federal-register/2026-05960): Regulatory Capital Rules: Regulatory Capital and Standardized Approach for Risk-Weighted Assets, 2026-03-27 - [2025-21626](https://policyrisk.com/federal-register/2025-21626): Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank H…, 2025-12-01 ## Sources - [2025-09158 on federalregister.gov](https://www.federalregister.gov/documents/2025/05/22/2025-09158/agency-information-collection-activities-information-collection-renewal-comment-request-loans-in) - [2025-09158 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-05-22/pdf/2025-09158.pdf) ## Related - [Previous: 2025-09157, Hexamine From China, Germany, India, and Saudi Arabia; Scheduling of the Final…](https://policyrisk.com/federal-register/2025-09157) - [Next: 2025-09159, Magnuson-Stevens Act Provisions; General Provisions for Domestic Fisheries; App…](https://policyrisk.com/federal-register/2025-09159) - [All Federal Register documents](https://policyrisk.com/federal-register) Source: PRIA, https://policyrisk.com/federal-register/2025-09158 (as of 2026-10-22).