FEMA Updates Risk Rating for Nation..

By: Kim Shindle on July 20th, 2021 in Industry News A new rating system for flood insurance was recently reviewed during a webinar by the Federal Emergency Management Agency and the Pennsylvania Emergency Management Agency. Risk Rating 2.0 was designed by FEMA to modernize the National Flood Insurance Program’s insurance pricing methodology and more accurately tie its…

Housing Affordability Continues to ..

By: Kelly Leighton on July 7th, 2021 in Industry News For the second quarter of 2021, median home prices of single-family homes are less affordable than historic averages in nearly two-thirds (61%) of counties in the U.S. This is an increase of 13% year to year, and the highest point in two…

New and Improved Sellers Property D..

By: Desiree Brougher, Esq. on June 18th, 2021 in Legal Issues  |  Standard Forms On July 1, an updated Sellers Property Disclosure Statement (PAR Form SPD) will be published for use. There was no change to the Seller Disclosure Law that forced a change to the form, and there is no need to replace the old…