The House Financial Services Committee is slated to vote on several bills Wednesday that are designed to make private flood insurance a viable alternative to the National Flood Insurance Program.
A new tariff on Canadian lumber threatens to further disrupt homebuilding at a time when lenders are increasingly concerned about a purchase mortgage resurgence that has failed to materialize.
Homebuilders looking for single-family construction loans may have better luck with small and midsize banks than larger ones, according to a report by the National Association of Home Builders.
