Latest News From NAR

In a critical win for home sales while the partial shutdown of the federal government is ongoing, the Federal Emergency Management Agency will issue and renew flood insurance policies, reversing an unexpected and controversial ruling the agency released earlier this week.

FEMA issued a new opinion disallowing new or renewal flood insurance policies during the partial shutdown of the federal government. Insurers can still pay claims on existing policies.

NAR President-Elect Vince Malta spoke on NAR's priorities for a legislative restructuring of Freddie Mac and Fannie Mae.