McDowell touts federal insurance policy change
.S. Rep. Addison McDowell, R-6th, is claiming partial credit for a Federal Housing Finance Agency decision he says will help keep homeowners-insurance costs down. The FHFA recently announced that Fannie Mae and Freddie Mac will allow owners with federally backed mortgages to have only actual-cash-value coverage for roof replacements. That comes with the caveat that […]