Neptune Flood, St. Petersburg, Fla., recently released an analysis of the aftermath of hurricanes Helene and Milton, specifically regarding the U.S. flood insurance market.
Tag: Flood Insurance
MBA Calls on Congress to Pass Flood Insurance Extension
MBA President and CEO Bob Broeksmit, CMB, issued a statement calling on Congress to pass the Further Consolidated Appropriations Act of 2024, which includes an extension of the National Flood Insurance Program through the end of Fiscal Year 2024.
MBA, Trade Groups Weigh in On Private Flood Insurance
The Mortgage Bankers Association and 10 other industry organizations commented this week on private flood insurance questions and answers published by regulatory agencies.
FHA Proposes Private Flood Insurance Option for Single-Family Mortgages
The Federal Housing Administration this week published a proposed rule to allow a private flood insurance option, instead of insurance through the National Flood Insurance Program, when flood insurance is required by FHA.
How Servicers Can Address Flood Insurance Issues
Today’s regulatory environment can move as fast as flood waters. Helping borrowers find opportunities to reduce or even remove their flood insurance starts with understanding all of the basics around this ever-changing area.
How Servicers Can Address Flood Insurance Issues
Floods are among earth’s most common and most destructive natural hazards. No other kind of natural disaster in America has caused more disruption or destruction than floods. Today’s regulatory environment can move as fast as flood waters. Helping borrowers find opportunities to reduce or even remove their flood insurance starts with understanding all of the basics around this ever-changing area.