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Flood Insurance Continues to Flow for Now

Last Friday, president Trump signed a temporary government funding bill to keep the government funded until December 22nd.  The bill also keeps the National Flood…

Flood Insurance: Moving Forward

Over the past two weeks there have been two important developments related to the reauthorization of the National Flood Insurance Program (“NFIP”) which runs out…

Flood Waters Recede?

This week the House Committee on Financial Services took the first step in a process that could reverse an obscure and burdensome provision of a…

Will The Flood Waters Recede?

An obscure and burdensome rule that requires banks to ensure that real property collateral be insured under the National Flood Insurance Program (“NFIP”) may be…

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LSTA Newsletter: September 18, 2020

This week in review: Tess Virmani announces (and recaps) the LSTA’s new Simple SOFR Concept Credit Agreement, Meredith Coffey reviews the ARRC’s progress on Term…

Simple SOFR is Even Simpler

This summer has seen a number of tools added to the LIBOR transition toolbox, such as the Updated ARRC Hardwired Fallback Language (“Hardwired Fallback Language”)…