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#2199493 - 11/30/18 03:18 PM Flood + Expiration + Congress
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
The news says "With authorization for the National Flood Insurance Program set to expire at midnight tonight, both houses of Congress last night passed a seven-day extension of the program through Friday, Dec. 7. The Senate also passed a six-month extension bill. A longer-term NFIP reauthorization is expected to be attached to a spending bill that must be passed by Dec. 7 to keep the government open."

Does the expiration mean we can't close/fund any loan requiring insurance since it can't be purchased? What about private insurance companies? Can they sell flood insurance? Any info in this area would be helpful. This must not have happened in a while. I couldn't find anything in the search function but I know we've been thru this before. Thanks
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Just working here until I get my letter from Hogwarts.

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Flood Compliance
#2199502 - 11/30/18 03:55 PM Re: Flood + Expiration + Congress HRH Okie Banker
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 79,293
Galveston, TX
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#2199507 - 11/30/18 04:15 PM Re: Flood + Expiration + Congress HRH Okie Banker
Adam Witmer Offline
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Joined: Sep 2010
Posts: 2,622
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Adam Witmer, CRCM

All statements are my opinion, not those of my employer, and should not be taken as legal advice.
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#2199594 - 11/30/18 09:02 PM Re: Flood + Expiration + Congress HRH Okie Banker
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
Thank you. Can't believe that was 8 years ago already.
_________________________
Just working here until I get my letter from Hogwarts.

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