Mortgage lenders could face increased fines for borrowers who do not purchase mandatory flood insurance and, separately, consumers would be able to freeze their credit reports if bills recently marked-up by a House committee are enacted. Last week the House Committee on Financial Services approved H.R. 4973, the Flood Insurance Reform and Modernization Act, as well as H.R. 3997, the Financial Data Protection Act. Both measures, which await votes by the full House, have far-reaching…