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"This will protect residential and commercial real estate markets from potential harm, and provide stability for those that sell and administer the policies to millions of Americans. MBA now calls on Congress to negotiate a long-term reauthorization of the NFIP which provides certainty and protections for consumers, expands the private flood insurance market, and exempts commercial/multifamily properties from NFIP mandatory purchase requirements."
--MBA President and CEO David Stevens, CMB.

About MBA Newslink

President and CEO: Robert Broeksmit, CMB

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Vice President of Public Affairs: John Mechem jmechem@mba.org

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Editorial Director: Michael Tucker 202/557-2851 mtucker@mba.org

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One Voice. One Vision. One Resource. The Mortgage Bankers Association (MBA) is the national association representing the entire real estate finance industry. For more information visit us at mba.org.