From: John Cuccia 

On Sat, 08 Oct 2005 20:57:40 -0700, Ellen K.
 wrote:

>Oh duh, of course the lenders would do that.
>
>So the lenders were told flood insurance wasn't necessary?

I don't know exactly how it worked.  Maybe lenders just checked the
floodplain maps before making a loan?  Maybe homeowners without mortgages
checked or themselves?

>Anybody know whether mortgages in Louisiana are recourse?

What does "recourse" mean?

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