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Asset Protection: HUD Proposal Expands Flood Insurance Options for FHA Loans

Asset Protection: HUD Proposal Expands Flood Insurance Options for FHA Loans

Episode 991 Published 5 years, 4 months ago
Description

The Department of Housing and Urban Development is proposing a change to flood insurance rules that could bring costs down. The proposal would allow borrowers with government-backed loans to buy flood insurance from private companies instead of the National Flood Insurance Program.

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