Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

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Items Tagged with 'Flood insurance'

ARTICLES

Flood insurance rate-hike delay passes Senate handily

Bill goes to White House for signature after 72-22 vote
March 13, 2014
In a strong bipartisan vote on Thursday, the Senate passed a bill to ease big flood insurance premium increases faced by hundreds of thousands of homeowners and allow below-market rates to be passed on to people buying homes with taxpayer-subsidized policies.
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Strike three for flood insurance premium hike delay

Rate hikes for troubled NFIP still in play
February 11, 2014
House Republicans beat back a Democrat maneuver using a procedural trick to try to delay rate hikes for the National Flood Insurance Program.
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Senate passes bill to delay flood insurance premium hikes

It’s now up to the House
January 30, 2014
U.S. homeowners with properties in flood zones gained major traction in their fight to impose a four-year delay on federal flood insurance premium hikes this week.
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Flood insurance pits homeowners against taxpayers

Failure to write in real risk keeps unstable program going
January 24, 2014
Thought flood insurance reform was a done deal? Think again. As homeowners push back at rising premiums in flood-prone areas, a push back against reform is stirring once again.
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The wrong vote on this Senate bill will cost billions

A bill delaying rising flood insurance rates could cost taxpayers big time
January 9, 2014
Senate Bill 1846 delays rate hikes to the National Flood Insurance Program. Failing to pass it could mean flood insurance becomes unaffordable to many. Passing it means taxpayers are on the hook for billions for coastal homeowners.
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Flood insurance rate hikes aren't likely to be delayed: report

November 22, 2013
Efforts to delay sharp increases in some flood insurance premiums for consumers appears to be stuck at an impasse -- legislation passed by Congress last year looks set to take effect despite efforts to delay the new law from taking effect by some on Capitol Hill.
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Rep. Maxine Waters rolls out aggressive national flood insurance repair program

Plan could delay rate increases up to four years
October 28, 2013
The plan delays potential rate increases up to four years while giving lawmakers time to obtain an affordability study from FEMA and to address lingering issues raised by the Biggert-Waters Flood Insurance Reform Act.
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Colorado disasters leave homeowners, RMBS investors in limbo

50,000 properties linked to RMBS transactions
October 2, 2013
Severe natural disasters struck Colorado in recent weeks, causing a trail of damage that prompted residential mortgage-backed securities investors to search for areas of potential exposure within mortgage securitizations.
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Flood insurance premiums could rise, FEMA warns

FEMA urges lawmakers to rewrite key flood insurance legislation
September 19, 2013
FEMA is asking Congress to rewrite the Flood Insurance Reform Act to prevent flood insurance rates from soaring to new heights. In its current state, the act includes no provisions for affordability, the agency claims.
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Sandy victims choose to walk away from mortgages

Costs to rebuild outweigh incoming benefits
August 23, 2013
Victims of Hurricane Sandy are asking themselves the hardest question: should they walk away from their mortgage? Ultimately, the combination of benefits and insurance money does not compare to the price of rebuilding a home.
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