Edit: On September 26, 2024 the President signed legislation passed by Congress that extends the National Flood Insurance Program’s (NFIP’s) authorization to Dec. 20, 2024. ________ The National Flood Insurance Program (NFIP) is set to expire September 30th, 2024, unless congress votes to extend it. Is your institution prepared to handle a Flood Insurance Lapse? Here’s what that means for your financial institution: Your institution’s ability to close loans requiring Flood Insurance will be […]
