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Government shutdown poised to halt federal flood insurance program

Por: NBC News Politics September 28, 2023

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A looming government shutdown could delay hundreds of real estate transactions each day and cause a shock to the industry because some home buyers will be unable to secure flood insurance, industry and flood experts said. The authorization of the National Flood Insurance Program expires alongside the government's funding at 12:01 a.m. Sunday. If lawmakers do not reauthorize the program, about 1,300 property closings each day could be... + full article



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