A new bipartisan bill is seeking to retroactively restore coverage from the National Flood Insurance Program (NFIP) that was lost during the government shutdown. Reps. Troy A. Carter, Sr. (D-LA) and Mike Ezell (R-MS) introduced H.R. 5848, the NFIP Retroactive Renewal...
The National Association of Realtors (NAR) has warned that a prolonged shutdown of the federal government will imperil the National Flood Insurance Program (NFIP). NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies, which...
Rep. Byron Donalds (R-FL) announced the reintroduction of HR 4494, “The Flood Insurance Relief Act,” which is designed to provide tax relief for flood insurance customers. The proposed legislation creates a non-refundable tax deduction for flood insurance premiums....
FEMA announced the National Flood Insurance Program (NFIP) has launched FloodSmart.gov as a free Direct to Customer Flood Insurance Quoting Tool that is designed to assist customers in getting a flood insurance policy quote for their property and in securing a quoted...
The Consumer Financial Protection Bureau (CFPB) issued a new report that found homeowners who face flooding from rivers and creeks were more likely to be underinsured than residents of coastal areas. The report, which used a sample of mortgage applications from...
Blackstone Mortgage Trust Posts $327 Million Loss, Cuts Dividend 36% as Off…
