Tag Archives: Flood Insurance

As the deadline nears for the renewal of funding for the National Flood Insurance Program, the Senate Banking Committee will spotlight the importance of the program, and how a lapse in the program could threaten 1,300 property sales each day.

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.

The OCC recently amended regulations to implement the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act. Here’s what this amendment would mean for mortgage lenders.

Here’s what the Texas Department of Insurance recommended on the adoption of flood insurance policy laws in its biennial report to the state legislature.

With large HUD relief packages issued to both Texas and Florida, these battered communities are working to rebuild after this year’s brutal hurricane season. But when will it arrive, and will it be enough?

Wednesday morning, the House Financial Services Committee held a hearing entitled “Sustainable Housing Finance: The Role of Ginnie Mae in the Housing Finance System.” Michael R. Bright,  Acting ...

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?

Flood insurance may be getting an overhaul, but not in the form of the National Flood Insurance Policy just yet.

The National Flood Insurance Program is set to expire at the end of September, but with Hurricane Irma threatening damage to Florida, the state might experience the extreme consequences of lapsed insurance.

Homeowners may soon be unable to get a mortgage if the National Flood Insurance Program expires, according to the National Association of Realtors. See what NAR President William E. Brown proposes Congress should do to keep the program from lapsing.