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<br />"Nap revision should be simple ariclf.air, Errors, omissions, arjd inconsis~l1cies on the
<br />/'~ maps sho~ldlJ~-cooeae.fl-bY FEMA quickly ands;c;ily. Changes ~~de by others,
<br />/~/ whefiler they r.e~ulf1rom physical alterations of the floodplain or from new\~'ngineering
<br />/~/ / anal~~" _sh6'uld be processed quickly and easily once all pertinent technicali~formatiol\o^"r",-S()N,!!::=
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<br />Study/restu~'(leeds,rJ;.tiuld be based on the level ofvulnerq8,ility tojlood hazarcf~, The \\\ZONE
<br />stream reaches'f(lcl'ng the greatest potential for property da~age and loss of life, 1* _ / \ X
<br />determineclJJy:.eQmbining the risk of flooding with the degNe of encroachment ih.'the ,/ ;;;/ '\"
<br />floodpJain:;/shoul(}:~ studied and/or revised first. Ii i "<,:~> /Z',,\
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<br />\, ASf-PM'believes that maps c'llQ"{Je improved by addressing the foJlbwing issues:
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<br />/ . Accuracy. Some signific,9ht\flood hazards have been/mapped inaccurately or not at all.
<br />// Streets and corporate linms in:'e,particular problems, Instances of floodplain inaccuracy
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<br />,,// also have been s~~;/-"/ "'"<>"'"
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<br />TechnicalYJj>po.('( Technical supp~ng information is not always available.
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<br />Cop(fJi'nation with'ff{~al and state ojjiciaz~ Coordination with local and state officials in
<br />the 'preparation and rey'k;ion of floodplain 'nraps is not perceived to be thorough in all
<br />ins~nces, and is percei~\l to lead to inaccuraoies and omissions when it has not been
<br />thor6~lW. For example, ~)lPfopriate local offi~i$I.s have not been notified of some
<br />coordi~ti.on meetings in sOnYl;Jnstances. In ~'lh~~'1p.stances, technical data available
<br />from loca'i~urces has not be~'\lsed in the, Brel'JarirtillP of new FIRMs.
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<br />Level of map 'd]?tpil. FEMA's fii),iSlje-(l.inaps lack suffic1~! topographic and cultural
<br />information to ih~eUhe.~:Qfmany users, The work ~s, which are used to produce
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<br />finished maps, generalTy are supenor in terms of scale and le~l of detail; yet, they are not
<br />granted any official status nor published by FEMA. \\,
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<br />Mechanisms for including map information compiled bY.n.Qn"FEAi[Jt]Jl!lJlir;;iiJ5;?1iCiesoA/
<br />consistent process through which FE:MAcaJl:iI1,(:j)tp'Qiate:if\fiTili:~ppJrfgactivities the
<br />floodplain informatiQn.cmllpjteA5>ii~prepili&r6-y{)thetpu6lic entities ls~i<eded.
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<br />The Organization. The Federal Home Loan Mortgage Corporation, or "FredditN..l,ac" as
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<br />it is more commonly known, is a stockholder-owned corporation established by Congress'tq.
<br />create a continuous flow offunds to mortgage lenders in support of home ownership and reltta\
<br />housing. Freddie Mac purchases mortgages from lenders and packages them into securities that,
<br />are sold to investors. Over the years, Freddie Mac has helped to finance one in six American '"
<br />homes. Freddie Mac's participation in the Council is mandated by NFIRA.
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<br />:;'~J~f~iibfflomeioan Mortgage Corporation (Freddie Mac)
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