Mortgage Lending Could Be Halted by Flood Insurance Program’s Expiration, Experts Warn
HousingWire, Sept. 26, 2023-Chris Clow (subscription)
Five days remain in the currently authorized National Flood Insurance Program (NFIP). If it is not reauthorized by Congress before that date, the mortgage industry could see consequences, including ceding control of certain land use policies and the cessation of some mortgage lending.
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