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National Flood Insurance Program

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With deadline looming, senators introduce NFIP reauthorization

March 9, 2025 by bp56691
Republicans are aiming to reauthorize NFIP just days before a key funding deadline, with the possibility of a government shutdown looming.
Categories Congress, HWmember, National Flood Insurance Program, Natural Disaster, Politics

Over 400K mortgages may be underinsured for flood risk: CFPB

January 13, 2025 by bp56691
The CFPB found that hundreds of thousands of mortgaged properties in the southeast and central southwest alone may be underinsured.
Categories Consumer Financial Protection Bureau, FEMA, Flood, Flood insurance, Mortgage, National Flood Insurance Program, Real Estate

Trade groups push for flood insurance extension ahead of potential government shutdown

December 20, 2024 by bp56691
With a federal government shutdown looming, housing and insurance groups are urging an extension of the National Flood Insurance Program.
Categories Congress, Flood insurance, House of Representatives, Housing Market, Mortgage Bankers Association, National Flood Insurance Program, Regulatory, Senate

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