Tag Archives: National Flood Insurance Program

A partial shutdown of government operations would result in the closing of some federal housing, mortgage, and other programs of interest to the housing industry if Congress is unable to agree on the provisions of a Continuing Resolution to fund the federal government by September 30.

It seems that the Federal Emergency Management Agency Risk Rating 2.0, which is changing up where and how much people are being charged for flood insurance, is impacting Texas and Florida the hardest.  FEMA’s Risk Rating 2.0 raises flood insurance ...

Bad news for homeowners with a flood insurance policy—for the majority of homeowners in flood zones, rates are more than likely going to go up when the policy renewal time comes around.  Starting October 1, 2021, the Federal Emergency Management Agency (FEMA) switched to a new risk rating system colloquially known ...

The U.S. House of Representatives passed four bills on Tuesday offered by House Financial Services Committee Members, including H.R. 2578, the National Flood Insurance Program Extension Act of 2019. The piece of legislation was introduced by Congresswoman Maxine Waters (D-CA), ...

When it comes to natural disasters, a majority of experts do not agree with government-sponsored or subsidized property loss insurance.

Here’s why Banking Committee Chairman Sen. Mike Crapo has kept housing finance reform at the top of the committee’s agenda for the 116th Congress.

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?

The program received a last-minute reprieve as it approached its expiration deadline, with the Senate vote granting it four more months of funding.

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 ...