NAR President: Reauthorize National Flood Insurance Program

The National Flood Insurance Program (NFIP) will expire in six months, on September 30. The National Association of REALTORS® (NAR) recently issued a statement by NAR President Bill Brown urging Congress to reauthorize the program:
“When the NFIP expired in 2010, over 1,300 home sales were disrupted every day as a result. That’s over 40,000 every month. Flood insurance is required for a mortgage in the 100-year floodplain, but without access to the NFIP, buyers simply couldn&rsqu