Flood insurance is required for mortgages in special flood hazard areas.

The entities involved

• Federal Emergency Management Agency →

  United States disaster response agency, part of Department of Homeland Security

  • FEMA released funds for projects in Wheeling on September 28, involving Robert Herron.Mon 07:07
  • FEMA is providing financial support for disaster recovery in New York, including grants to a state university.Mon 06:58
• Fannie Mae →

  government-backed financial services company

  • FED's actions are influencing the mortgage bond market, impacting Fannie Mae and Freddie Mac.Mon 07:32
  • Bill Pulte was named chairman of Fannie Mae and Freddie Mac, and advocated for firing Jerome Powell.Sun 22:18
• Freddie Mac →

  American government-sponsored enterprise

  • Hakeem Jeffries demands Bill Pulte's withdrawal while Donald Trump appoints Pulte as acting director and asks Congress for a law extension.Sun 22:02
  • Donald Trump appointed Bill Pulte as Acting Director of National Intelligence, while Pulte continues to oversee Fannie Mae and Freddie Mac.Sun 20:38

Related events

• FEMA updated flood insurance rate maps for Granby.Thu 18:37
• Freddie Mac, Fannie Mae, and Federal Home Loan Banks support mortgages for families in the U.S. and are regulated by the Federal Housing Finance Agency.Jun 7
• A bill was introduced in the House requiring Fannie Mae and Freddie Mac to treat payments as concessions as part of efforts to address housing debt.Aug 18
• Flood damage is currently being assessed in affected counties in West Virginia.Aug 9
• FEMA flood risk maps influenced local building codes in Key West.Sep 3