More White Knuckles for Lenders as Flood Insurance Deadline Approaches

National Mortgage News, July 9, 2018–Hannah Long (subscription)
Congress has until July 31 to renew the program or risk a lapse in coverage, which would create a new round of headaches for lenders and real estate agents. Home sales in high-risk flood areas could stall, and policyholders would be unable to renew their insurance in the middle of hurricane season.