No new or renewed policies during the lapse; FEMA says valid claims will still be paid with available funds. NAR estimates about 1,300 property sales per day—roughly 40,000 closings a month—could be ...
The National Flood Insurance Program (NFIP), which insures nearly 5 million properties across the U.S., has officially lapsed following the government shutdown. As of midnight on Sept. 30, FEMA can no ...
Waco, Texas (FOX 44) – Recent floods across communities have left thousands of homeowners facing devastating property damage ...
Authorization for the largest residential flood insurance program in the U.S. is set to expire Tuesday, leaving homeowners unable to access new coverage and potentially wreaking havoc on home sales in ...
BILOXI, Miss. (WLOX) - For those trying to buy a home located in a flood zone, they’ll need flood insurance to get a mortgage. A policy from the National Flood Insurance Program (NFIP) is usually the ...
Buyers of homes in flood zones could be encountering unexpected hurdles this week: The government shutdown that took effect on Wednesday also has suspended the National Flood Insurance Program’s ...
Subsidized insurance makes waterfront property seem safer than it is for wealthier buyers, while many low-income homeowners ...
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Louisiana homeowners are being urged to check their insurance paperwork before heavy rain raises the risk of flash flooding ...