Flood insurance wrongly applied to many homeowners in Oregon

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Lenders and FEMA have been charging many property owners who shouldn’t have had to pay. Every year, hundreds of homeowners in Oregon are wrongly informed that they must pay for expensive flood insurance coverage after having mistakenly fallen into an element of the states system that its coordinator feels is lacking in oversight and is in need of repairs. The coordinator of the NFIP in the state said that this has become a problem and changes are needed. The National Flood Insurance Program (NFIP) in the state is, according to…

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