S7125 — Prohibits mortgagees from requiring mortgagors of certain real property to purchase flood insurance exceeding certain limits

S7125 — Prohibits mortgagees from requiring mortgagors of certain real property to purchase flood insurance exceeding certain limits · Informed CitizenryThis bill amends the real property law to limit the amount of flood insurance a mortgagee can require a mortgagor to purchase for improved residential real property. Specifically, it prohibits mort…Open in Informed Citizenry