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<br />Mapping concerns. Freddie Mac is n9f:a-l1ser of FEMA's FHBM~-br FIRMs. Freddie / ':1</
<br />Mac requires a borrower, however, to purc,~eand maintain flood j.n$ill'~ce ifthe insurable /<;:.// ,
<br />improvements on the mortgaged premi~:are located in an SFHA'aS designated on a FEMA ,/' / ' I
<br />flood map. To determine whether i91)ir6'vements on the mo~;ged premises are in an SFH,~:ilie'
<br />lender origilJiating a mortgage for~alNo Freddie Mac m~ve the applicable FEMA flo9d'~ap
<br />read in-hou~~ or may contra~yt'or'this'~FXice with ap...giltS'ide professional firm. / / ' "\,
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<br />5.~!NationtJ~-ff6~d Determinati~n::i~(iation (NfDA) /:;;~;>/"':::,,/:;:<
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<br />fh'b?ja~ization. The organization is comprised offlood)l~~ination firms that have>>;'
<br />LIMIT ostrong t <;!'initial expertise and extensive experience with mappillg;.pfoducts and FEMA proce~ses<
<br />DETAil ED SlUDY- / '. d d I' d f h' d f .:fL.d fi h' d h /1 /
<br />, It 1 ,Itte to eve opmg a co eo et ICS an a set 0 st~}<i:lf s or t em ustry as a ~ })t\,
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<br />~. tile application of computer technology in producipg.and distributing accurate ~timely
<br />,\,' roducts. NFDA membership includes land sury~rs, engineers, geographer~<Pt6.er
<br />iCll,lli(&ti\;nted professionals, and business P9's.ons whose primary liveliho~,ct:ji\"epends on the
<br />~<9~W~NFIP: Their representa~ion on !l1eouncil .offers policy~~erJ:!lie'vie.~oin~s of /
<br />"mapCtls(omefs-whQhave a major st~m supportmg the Councll)tf.accomphshmg Its / /
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<br />-ZONE AThe flood determination industrY ~ame into being becaJlSil'.Ienders and others were . /, / "
<br />finding it difficult to interpret the NFIP feiUIa~o obtain.abd read the FIRMs, and to obtajI{;>'<~k
<br />.90 accurate community status informatioN For a .;:;W~~;sociation members relieve tgeij;:// 1'<:
<br />ZONE :tlients of this burden and provide del(fhninations for prOp~ies to be mortgaged. Me!Jl9ets also
<br />operate a monitoring service, knoryiis "life-of-loan tracki~<' to supply updated jn(~ation to
<br />lenders. The service notifies its wiJs of changes in flood insl.ll'~ce requiremen~,for the loans in
<br />their portfolios. ( ( '\-,,>-_\, /~;:/
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<br />/iMapping concerns. NFD~~!llbers read maps and give ;;giy;'{~rmation daily. Because
<br />?ftryei'r in.tensiv1/:fl..'H;l)f~the maps, tlter-probably are mo~e aw~.than many other users of
<br />m<jC,Curacles, particularly m older maps, thatl.eave propertle/~!lJ1"ISk outside of flood zones or
<br />~h0W well elevated/IJrQIJerties within them. Sin~e the o~iZation's beginning, it has provided
<br />/1riformation to F~'oil't~~, inaccuracies that~o~Y:Wparent. Members also have noted
<br />//mistakes, such ;1~;!gtreets im~rly named or are;t\left out of the mapping process. NFDA also
<br />~~',-~_:::::~;/ finds that the~P'mmunity Stat~S'~_~s,o,ften i}Yfrr-or-an understandable situation consid,er, in, g " ',',", ' ~'
<br />: the mammo~lmdertaking ofmappin~lht)~J)tife United States and its territories.
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<br />NFDA'members also are acut@y conscious of the need for timely distributi9n-ef:I)1ii~c;c:::=:-::~: -
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<br />LOMAs and LOMRS;'~~~~;r~PPing products. ,//::::i:~-:;~;:;:::~::-:'// I
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<br />The advent ofn)~er't'echnology, including mO.!!:-j'l9;.\Ve:t:11ileomputer systems and
<br />sophisticated software/pffers an opportunity for)1.<'~~3()ne-vendors to develop databases and
<br />interactive processes 19 provide informati(jJlof<Jr,tIjeirelients. The research effort that many
<br />NFDA members have expeQa:eatI!:.oove~tIiese systems gives them an unique understanding
<br />of the challenges to/\t-FEMAjac-<sijnCpf-6ducing new products and in updating old and inaccurate
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