Congress passes National Flood Insurance Program extender

The United States Senate passed the National Flood Insurance Program Extension Act of 2010 (H.R. 5569), which extends the National Flood Insurance Program to September 30, 2010. This will allow transactions to move forward. The bill is retroactive and covers the lapse period from June 1, 2010 to the date of enactment of the extension. For more information on the flood insurance program, visit www.realtor.org/government_affairs.