Without Congressional action, the National Flood Insurance Program (NFIP) will expire at midnight on Monday, September 30, 2019. NAR is making every effort to secure a long-term reauthorization of the NFIP. Here are answers to frequently asked questions about what this means for upcoming closings and several proactive steps your clients can take in the interim.
The Foundation's Appraisal Standards Board (ASB) is seeking input on whether USPAP should address standards for evaluations, and if so, how to differentiate that from appraisals.
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