June, 2010:

FEMA Flood Insurance Expires Again

The Mensas in Washington (Congress) took their March recess without extending the FEMA flood program which expired March 28. The program was temporarily restored on April 15 and then, due to inaction on the part of Congress, expired again on May 31.
Fortunately, FEMA Flood Insurance policies are assumable. That means that home resales will not likely be affected (in the short term) by this Congressional blunder. It is time to write our Congressmen!