Flood insurance

The House Financial Services Committee will hold eight hearings next month, looking at Wells Fargo's recent consumer protection scandals, a reauthorization of the flood insurance program and more.

Depository mortgage lenders are optimistic the final version of a regulation designed to open up the flood insurance market will make it easier for them to comply with a rule requiring them to accept private carrier policies.

Modular houses typically referred to as tiny homes could be a quick, relatively cheap living option for residents recovering from Hurricane Michael.

The Houston City Council has approved up to $400 million in contracts with six firms to build new housing and repair single-family homes damaged by Hurricane Harvey.

Many federal agencies have been closed for more than three weeks, making it the longest shutdown in U.S. history. With no end in sight, here's how it's affecting banks, credit unions and mortgage lenders.

The government shutdown could affect mortgage origination credit quality as lenders miss some red flags normally found using data that is not currently available, according to Moody's.

New York Gov. Andrew Cuomo has signed into law a bill that provides a property tax break for Syracuse property owners who buy flood insurance.

The announcement rescinded the agency's earlier guidance issued to industry partners to suspend sales operations as a result of the current lapse in funding from Congress.

Lawmakers and industry groups were caught off guard when FEMA said it wouldn't issue flood insurance policies during the government shutdown, despite an extension passed last week.

Reps. Lacy Clay and Emanuel Cleaver, both from Missouri, have shown interest in running the panel that could be a focal point in efforts to reform Fannie Mae and Freddie Mac.

Lawmakers have had to extend the program eight times since October 2017, as Congress has been unable to pass broader reforms.

One in five new homes permitted in Houston in the year after Hurricane Harvey is in a flood plain — some on prairie developed for the first time after the storm — even as new rainfall data showed existing flood maps understate the risk posed by strengthening storms.

The federal government has paid out $163.9 million in flood insurance for 1,100 homes in North Carolina with severe repeitive losses, which is almost 60% of their combined total value.

It would be impossible to pick out a single video or photograph that sums up Irma, which dropped from a hurricane to a tropical storm by the time it smacked Lake County, Fla., one year ago today.

Since 2000, the southeastern Atlantic coast has seen a 160% increase in high tide flooding, the number of days when coastal water levels reach or exceed a half meter over the long-term average highest tides.

Lawmakers authorized a four-month extension less than a day before the program was set to expire.

CoreLogic has updated its Risk Quantification and Engineering tool amid California wildfires to include U.S. Wildfire and U.S. Severe Convective Storm models to support the mortgage and insurance industries in better assessing natural disaster risk.

With the program set to expire July 31, the House bill will have to be reconciled with Senate legislation that includes a longer extension.

Reps. Ed Royce, R-Calif., and Earl Blumenauer, D-Ore., introduced a bipartisan package of legislation Tuesday to extend the National Flood Insurance Program through Nov. 30.

Once again, congressional inaction on reauthorizing the National Flood Insurance Program is prompting concerns about what a lapse in coverage could mean for loan closings.