NAR estimates 40,000 home sales per month are in trouble as FEMA freezes NFIP during the government shutdown
On Thursday, the Senate passed a 6-month extension to the NFIP, but the House extension is only 7 days
A GOP aide tells Inman action is anticipated soon
Flood insurance, housing and mortgage finance, net neutrality, data privacy, patent reform and taxes are all priorities for the 1.3 million-member trade organization
The flood insurance program extension was part of a $15.3-billion hurricane aid package
It's one month before the NFIP is set to expire and a few days before new weather-related claims rules start in Texas
Federal agency wants to double flood insurance policies by 2023