Tag Archive: NFIP

High Living Brings Flood of Problems

February 20, 2013 by Leave a comment

Redrawn New York Flood Maps Prompt Many to Purchase Flood Insurance In 2007, FEMA began redrawing the flood-zone maps in the greater New York region; perhaps spurred on by hurricane Katrina in 2005.  The result is that some areas that were once considered low-risk have become high-risk. That means borrowers in the high-risk zones must... View Article

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National Flood Insurance Program Renewed Until November 18, Long Term Deal Still Needed

October 5, 2011 by 1 Comment

The House of Representatives passed yet another short-term re-authorization of the National Flood Insurance Program yesterday.  The most recent extension will keep the program going through November 18.  This is just the most recent in a series of short-term extensions to the NFIP. Apparently there are legislative efforts to extend the program for the next... View Article

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