Skip to main content

NFIP Extended Into November

Phil Hall
Sep 30, 2019
President Trump has signed a continuing resolution that extends the National Flood Insurance Program (NFIP) until Nov 21

President Trump has signed a continuing resolution that extends the National Flood Insurance Program (NFIP) until Nov 21.
 
The program was set to expire today. Last week, the Senate voted 82-15 and the House voted 301-123 on the extension, which is the 13th consecutive temporary reprieve for the program.
 
National Association of Realtors (NAR) President John Smaby called on Congress to pass the NFIP Reauthorization Act, which includes a “five-year extension along with significant reforms to improve mapping, enhance mitigation and remove obstacles to private flood insurance. HR 3167 strikes a delicate balance between NFIP sustainability and affordability, and we urge both chambers of Congress to take up this legislation after its unanimous approval in the House Financial Services Committee.” 

 
Published
Sep 30, 2019
Biden Nominates McCargo To Lead Ginnie Mae

Currently Serves As Senior Advisor For Housing Finance At HUD

Regulation and Compliance
Sep 14, 2021
OCC Plans To Rescind 2020 CRA Rule

The OCC formally issued a proposal to rescind a controversial rule within the Community Reinvestment Act (CRA) that was published in June 2020.

Regulation and Compliance
Sep 10, 2021
Flexibilities Move Forward

Pandemic Priorities Continue To Drive Industry Modernization

Regulation and Compliance
Sep 08, 2021
FHFA And The Enterprises Coordinate Action On Equitable Housing

Today the FHFA is announcing that Fannie Mae and Freddie Mac (the Enterprises) will submit Equitable Housing Finance Plans to the FHFA by the end of 2021.

Regulation and Compliance
Sep 08, 2021
Realtors Encouraged By Biden Plan to Expand Housing Supply

Administration Said Wednesday It Plans To Add 100,000 Affordable Homes In 3 Years

Regulation and Compliance
Sep 03, 2021
Biden Administration Announces Plan For Affordable Housing

President Biden and his administration firmly believe it is time to intervene in the housing market.

Regulation and Compliance
Sep 01, 2021