Wednesday evening, the U.S. House and Senate passed an identical Continuing Resolution (CR) that averts a government shutdown and extends Fiscal Year 2024 funding levels through Dec. 20, 2024.
Tag: National Flood Insurance Program
Matic: Challenges in Home Insurance Market Likely to Continue
Matic, Columbus, Ohio, in a recent year-end report noted 79% of mortgage lenders experienced an increase in problems with home insurance in the past year, among other challenges. Moreover, the company predicted such challenges may persist into 2024.
HUD Increase Flood Insurance Options for FHA Mortgage Holders in Special Flood Areas
HUD on Monday announced it will allow homeowners with FHA-insured mortgage financing to obtain flood insurance policies that conform to FHA requirements from private insurance providers.
HUD Increase Flood Insurance Options for FHA Mortgage Holders in Special Flood Areas
HUD on Monday announced it will allow homeowners with FHA-insured mortgage financing to obtain flood insurance policies that conform to FHA requirements from private insurance providers.
MBA, Trade Groups Ask Congress to Continue Flood Insurance Program
With the National Flood Insurance Programs set to expire—yet again—the Mortgage Bankers Association and nearly two dozen industry trade groups asked Congress for another program extension as policymakers work on a longer-term solution.
OCC Issues Guidance on FEMA/Flood Insurance Force-Place Requirements
The Office of the Comptroller of the Currency on Wednesday provided guidance to the Mortgage Bankers Association, addressing conflicts between a recent Federal Emergency Management Agency memo and banking agency flood insurance rules.