Notice 22 May 2025 regulatory compliance, business operations, flood insurance, occ, lending, special flood hazard areas

🌊Regulatory Update on Loans in Special Flood Hazard Areas

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."

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