The vast majority of homeowners affected when Hurricane Harvey made landfall in the Houston area didn’t have flood insurance. A year later, rates of coverage are up in the area … but will they stay that way?
Read More »Senate Extends National Flood Insurance Program
The program received a last-minute reprieve as it approached its expiration deadline, with the Senate vote granting it four more months of funding.
Read More »Sen. Schumer Calls for Flood Insurance Reform
With the beginning of hurricane season mere weeks away, Senate Minority Leader Chuck Schumer has announced an “all-out push” to convince Congress to extend and reform the nation’s flood insurance program. Schumer shone a spotlight on the issue Monday during ...
Read More »Houston Updates Building Codes in Floodplain
According to the National Hurricane Center, Hurricane Harvey caused $125 billion in damage during its rampage in August 2017. The storm killed damaged 203,000 homes and destroyed 12,700. Eight months after the storm, the recovery continues—and that recovery is about ...
Read More »HUD Relief Coming to Florida and Texas, But When?
With thousands of uninsured or underinsured homeowners trying to rebuild after this year’s natural disasters, how is HUD’s grant money being disbursed, and what does it mean for those affected?
Read More »Ginnie Mae’s Bright Future
The House Financial Services Committee grilled Ginnie Mae’s Michael Bright on the challenges and concerns that face the agency, from e-mortgages to natural disasters.
Read More »What the HUD Cash Infusion Means for Underinsured Texans
The Texas Gulf Coast was pummelled by Hurricane Harvey. Here’s how a $5 billion HUD grant will help those still in need.
Read More »Flood Insurance Reform Passes in House
The House has voted to reauthorize and reform the National Flood Insurance Program. What does it mean for homeowners and the housing industry in general?
Read More »House of Representatives Makes Move to Privatize Flood Insurance
Flood insurance may be getting an overhaul, but not in the form of the National Flood Insurance Policy just yet.
Read More »Homeowners in Florida Brace for Irma
Hurricane Irma is speculated to hit Florida Sunday, but with uncertainties for the future of the National Flood Insurance Program, Florida may be in danger of experiencing the full consequences of lapsed insurance.
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