CSPAN3 May 15, 2012
to approve a loan. stoppages or shutdowns exacerbate this market uncertainty. there have been 17 stoppages since 2008, twice failured act led to programs shut down and the latest is set to expire, of course, as you know on may 31st of this year. the national flood insurance stoppages and shutdowns have broader implications for the u.s. economy. nfip is essential for 500,000 home sales annually, 13,000 sales nationally can be delayed per day if we don't have this bill in progress, in tact. more than 47,000 real estate transactions were stalled in june 2010 for the 33 days that this ac...