The White House's 2018 budget proposal requires a $190 million cut in funding for updating U.S. maps of flood-prone area. In place of the maps, the proposed budget wishes to "explore various other effective and fair methods of funding flood mapping efforts." Budget plan may possibly ... » Learn More about Budget plan may possibly have an effect on flood insurance
Flood Insurance
Hurricane Matthew damages? Only 60 days more to submit
At the request of Florida Insurance Commissioner David Altmaier, the Federal Emergency Management Agency (FEMA) granted another extension to victims of Hurricane Matthew flooding, giving National Flood Insurance Program (NFIP) policyholders an extra 60 days to file a complete, signed and sworn proof ... » Learn More about Hurricane Matthew damages? Only 60 days more to submit
Could Houses Be Shielded from Storm Surges?
Hurricane Matthew was obviously a reminder of the devastation that storm surges can cause to buildings and homes. Approximately $4 billion to $6 billion in insured property loss was caused from Hurricane Matthew’s aftermath, according to projections from CoreLogic. But hurricanes might not be the ... » Learn More about Could Houses Be Shielded from Storm Surges?
Mortgage Assistance Given to Hurricane Affected Homeowners
Mortgage giants Freddie Mac and Fannie Mae will provide several mortgage assistance options for those home owners affected by Hurricane Matthew in the Atlantic coastal areas. Options include forbearance for up to Twelve months or mortgage modifications. Mortgage Assistance Given to Hurricane ... » Learn More about Mortgage Assistance Given to Hurricane Affected Homeowners
Florida mops up in the aftermath of Hurricane Matthew
President Barack Obama announced that eight Florida counties meet the requirements for disaster aid in as the state recovers from the impact of Hurricane Matthew. Florida mops up in the aftermath of Hurricane Matthew Gov. Rick Scott has activated the Florida Small Business Emergency Bridge ... » Learn More about Florida mops up in the aftermath of Hurricane Matthew