Fannie and Freddie will want government employees to show they have reserves, and some homeowners are now outside 30-day grace period for National Flood Insurance…
Posts published in “nfip”
The FHA’s Office of Single Family Housing and some of its mortgage insurance programs are “operational but with limited services,” HUD said in bulletin to…
As the shutdown continues, the real estate industry will also increasingly feel the ripple effects. Housing data, mortgage rates, federally-backed home loans, flood insurance and…
The National Flood Insurance Program, set to lapse on Sept. 30, and federal agencies critical to processing mortgage paperwork like HUD, FHA, VA, USDA and…
As the March 14 debt ceiling deadline and potential government shutdown looms, Republican Sen. John Kennedy is introducing a bill to reauthorize the NFIP under…
The $1.2 trillion funding bill passed by the House Friday averts a partial government shutdown and extends a critical insurance program that protects 4.7 million…
Consumers and other real estate stakeholders have a growing number of tools to help them assess risks including floods and wildfires. Source: Inman News
HUD is not required to disclose flood risk to would-be homebuyers, most of whom didn’t learn that the home they were interested in was located…
In cities with floodplains but no recent catastrophic events, few homeowners actually have flood insurance, according to a report by ValuePenguin. Source: Inman News