Archives For: NFIP

NFIP Legislation Approved by House Financial Services Committee

Two proposed bills (H.R. 311 and H.R. 3167) that aim to reform the National Flood Insurance Program (NFIP) have been passed by the U.S. House Committee on Financial Services.

12 Jun 2019

Freddie Mac: Flood Insurance Requirements Remain Unchanged During a Lapse in the National Flood Insurance Program

Freddie Mac issued a release outlining flood insurance policy after December 21.

21 Dec 2018

Freddie Mac: Flood Insurance Requirements Remain Unchanged Despite a Lapse in the National Flood Insurance Program

Freddie Mac issued a release confirming that its policies on flood insurance have remained unchained since the National Flood Insurance Program’s (NFIP) authority to issue new and renewal policies and increase coverage on existing policies expired on January 20, 2018.

22 Jan 2018

Servicers Must Get Current on Flood Insurance Requirements

National Mortgage News published an article exploring Minimum Flood Insurance Requirements (MFIR).

1 Jul 2016