On July 31 NAR sent a letter to the new FHA Commissioner Dana Wade reinforcing the importance of private flood insurance to consumers and offering NAR membership’s assistance with an FHA rulemaking to open the door to private market options in addition to NFIP for FHA-insured mortgages.
NAR Letter to HUD's Assistant Secretary for Housing, Dana Wade Regarding Acceptance of Private Flood Insurance for FHA Insured Mortgages
Issue Date: July 31, 2020
On July 31 NAR sent a letter to the new FHA Commissioner Dana Wade reinforcing the importance of private flood insurance to consumers and offering NAR membership’s assistance with an FHA rulemaking to open the door to private market options in addition to NFIP for FHA-insured mortgages.
Download Letter