Gustav

[That Guy]

if a bank tells you they've got a great deal that can get you into a million dollar home for only 2200 a month, does that make it a great deal? cause i mean, after all, the bank is the one that said it was, and they should know...

the banks probably waived it to be competitive with lower rates/fees than the "other guys." If it wasn't federally/locally mandated, how can you prove or enforce that they were negligent?

whoever made those flood maps and assumed the structural integrity of the levees screwed up. from what i heard (warning, not proven fact) the army CoE knew those levees wouldn't stand up to a massive storm back when they were built, so i don't know when the locals forgot that information, but it'd be pretty important...