Elizabeth Warren actually said...

"That's a good step. They need more money."

"When Congress passed Biggert-Waters a few years ago, homeowners got blindsided by significant rate increases and new flood zone maps."

"So, if the homeowner wants to say, wait a minute, we are higher than the others around here, for example, then they have already got the information, in effect, for free in this process."

"I really want to say here, though, this is a real hardship on people who are newly being designated in these flood zone areas."