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Home » Store » Taxable » Lenders Call For Multi-Year NFIP Extension, More Protection from Repetitive Claims Losses

Lenders Call For Multi-Year NFIP Extension, More Protection from Repetitive Claims Losses

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Mortgage lenders urged Congress this week to reauthorize the National Flood Insurance Program through at least four or five years and require mortgage lenders to be formally notified of any premium increases. At a hearing held by the House Financial Services Subcommittee on Housing and Community Opportunity, America’s Community Bankers and the Mortgage Bankers Association of America expressed support for legislation that has
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