Archive for 'April,2010'

CALL FOR ACTION: Critical Housing Programs Unfinished

On Friday, March 26, U.S. Congress left town for their spring recess without completing work on two critical programs essential to recovering real estate markets – the National Flood Insurance program (NFIP) and the Section 502 [...]

Flood Insurance Update

Regulators Issue Guidance to Allow Loan Closings During NFIP Lapse  Six of the nation’s largest lending authorities have issued guidance to administer the federal flood insurance regulations during the current National Flood Insurance Program (NFIP) lapse in [...]

Manage Parties’ Expectations in Multiple Offer Situations

Article by Will Martin & Bill Gifford A broker-in-charge recently called with concerns about whether his firm had handled a multiple offer situation properly. An offer had come in on one of the firm’s listings from a [...]