In a new report, the National Association of Realtors revealed what a government shutdown would mean for the real estate industry, including the closing of some federal housing, mortgage, and other programs nationwide.
Read More »Protecting the NFIP from Climate Change
At a recent hearing hosted by the Financial Services Subcommittee on National Security, International Development and Monetary Policy, environmental experts discussed the risks to the National Flood Insurance Program (NFIP) posed by climate change.
Read More »Analyzing Hurricane Barry’s Impact on Housing
New data indicates that Hurricane Barry caused between $500 Million and $900 million in flood and wind losses.
Read More »NFIP Reforms Approved by House Financial Services Committee
Two bills received bi-partisan support to reform and reauthorize the National Flood Insurance Program. Click through for more details.
Read More »Lawmakers Agree on Plan for NFIP Extension
Here's what's in Financial Services Committee Chair Maxine Waters’ and Ranking Member Patrick McHenry’s plan to extend the National Flood Insurance Program.
Read More »Waters on National Flood Insurance Program: “Room for Improvement”
Here’s what Rep. Maxine Waters, Chairwoman of the Financial Services Committee, proposed in her remarks on flood insurance improvement and reform to the current NFIP structure.
Read More »National Flood Insurance Program Given Last-Minute Extension
Two prior attempts to extend the program have stalled, and industry experts are encouraging prompt action.
Read More »Responding to Increased Flood Risks
In response to increased risks of flooding and natural disasters across the nation, the FInancial Services Committee held a hearing to re-evaluate the National Flood Insurance Program.
Read More »House Votes to Re-up Flood Insurance Program
The House of Representatives officially voted to reauthorize that National Flood Insurance Program (NFIP) with a 237-189 vote on Tuesday. But for how long and at what price?
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