Flood Insurance: Don't Give Lenders One More Reason to Say 'No'

NAR President Moe Veissi

NAR President Moe Veissi told a panel of U.S. senators yesterday that the last thing the housing market needs right now is another reason for lenders to decline your client?s mortgage loan application.

?Tight lending standards remain a problem,? he told the members of the U.S. Senate Banking Committee subcommittee on economic policy, ?and we don?t want to give a lender another excuse not to approve a loan.? Read more and watch Moe?s remarks.

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