Fannie and Freddie will want government employees to show they have reserves, and some homeowners are now outside 30-day grace period for National Flood Insurance Program renewals. Continue reading
The FHA’s Office of Single Family Housing and some of its mortgage insurance programs are “operational but with limited services,” HUD said in bulletin to lenders. Continue reading
As the shutdown continues, the real estate industry will also increasingly feel the ripple effects. Housing data, mortgage rates, federally-backed home loans, flood insurance and the Washington, D.C., housing market are all already starting to feel the… Continue reading
In case you were head down in the Compass merger news last week, we’ve put together a roundup of the market stats and how-tos you may have missed. Continue reading
The National Flood Insurance Program, set to lapse on Sept. 30, and federal agencies critical to processing mortgage paperwork like HUD, FHA, VA, USDA and the IRS face staff reductions. Continue reading
Today, more than one-quarter of U.S. homes, which represent $12.7 trillion in property value, are vulnerable to at least one type of severe or extreme climate risk, according to a new report released by Realtor.com. Continue reading
As the March 14 debt ceiling deadline and potential government shutdown looms, Republican Sen. John Kennedy is introducing a bill to reauthorize the NFIP under its current form until Sept. 30. Continue reading
The $1.2 trillion funding bill passed by the House Friday averts a partial government shutdown and extends a critical insurance program that protects 4.7 million homes through the end of September. Continue reading
A study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots. Continue reading
Extreme weather could strain flood insurance to breaking point, undermine home prices, and drive mortgage defaults, according to the Mortgage Bankers Association. Continue reading