11th Circ. Says Flood Insurance Regs Set Minimum Amount

Law360, New York (February 10, 2014, 7:11 PM EST) -- The 11th Circuit ruled Monday that a mortgage borrower could not prevail in a suit alleging Wells Fargo Bank NA required her to have more flood insurance on her home than the amount mandated by regulations governing Federal Housing Administration-guaranteed loans, saying the amount is a minimum, not an upper limit.

The three-judge panel said that — while some courts have found that a Department of Housing and Urban Development regulation requiring mortgage loan contracts guaranteed by the Federal Housing Administration to be insured against floods...
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Case Information

Case Title

Faire Feaz v. Wells Fargo Bank, N.A., et al

Case Number



Appellate - 11th Circuit

Nature of Suit

3371 Truth in Lending

Date Filed

January 16, 2013

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