The National Flood Insurance Reform Act of 1994 (NFIRA) mandated that all homes receiving a federally backed mortgage loan must have flood insurance when the home is located in a Special Flood Hazard Area in a participating community. Condominium owners must remember that the mortgage portfolio protection program (MPPP) allows mortgage companies to force a flood policy on a condo when the insured has not secured a flood policy on their own. Below is more information on condominium flood insurance.   Read the article……….