Thursday, April 22nd, 2010Congress last week passed, and President Obama signed, legislation to renew the National Flood Insurance Program (NFIP) through May 31, 2010. NAR is working with members in Congress to help ensure a lasting re authorization and extension is reached prior to the May 31 deadline. Congress allowed the NFIP to expire on March 28, [...]
|
||||||
|
A temporary extension of the National Flood Insurance Program (NFIP) was signed into law by President Obama on March 2. This will extend the NFIP through March 28 (it was originally scheduled to expire on February 28). The temporary extension will allow Congress to work on a longer extension, currently pending in the Senate, [...] The House of Representatives approved legislation by Reps. Waters (D-CA) and Frank (D-MA) to extend authority under the National Flood Insurance Program until March 31, 2010. Without this authority, the program could not issue policies effectively preventing property buyers from legally obtaining mortgage loans in federal designated floodplains. The extension is needed to give [...] |
Register | Login | |||||
|
Copyright © 2012 Sacramento Association of REALTORS® Web Log - All Rights Reserved |
||||||
Recent Comments