Email to order the Recording + Free Digital Download
The multitude of rule changes in recent years has created confusion about flood insurance compliance. In addition, failing to properly handle the numerous technical requirements can cause a breakdown in your process. This is a high-risk area for any lender – whether you have 6 or 60 loans on flood properties. Civil money penalties are assessed almost weekly and examiners’ citations aren’t slowing down. Mitigate your flood compliance risk by joining this webinar which will cover technical rules, disclosure requirements, initial escrow disclosure for flood insurance, loan origination compliance requirements, and FAQs outlined by the CFPB.
HIGHLIGHTS
What loans are covered?
Flood determinations: complete, accurate, and timely
Notice for flood properties – timing is imperative
How much flood insurance is enough?
What is required for the initial escrow disclosure?
Detached-structure rules
FAQs regarding flood requirements during loan origination
Agencies’ proposal on private flood insurance rules
TAKE-AWAY TOOLKIT
Sample flood procedures
Worksheet to determine whether you have sufficient insurance coverage
Audit checklist
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
DON’T MISS PART 2!
This program is the first of two in a series – watch for Flood Compliance in Lending Part 2: Post Loan Closing on Thursday, March 16, 2017
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Compliance Officers, lenders, loan processors, and auditors.
ABOUT THE PRESENTER – Ann Brode-Harner, Brode Consulting Services, Inc., began her career in 1973 and has continued her service as a consultant to regional and community financial institutions through a wide range of areas including strategic planning, lending, deposits, marketing, training, compliance, and management. Ann is a well-respected presenter and has spoken to audiences across the country for over 25 years. She has presented sessions for numerous state associations and has taught at the School of Banking Administration at the University of Wisconsin as well as many other state banking schools. Ann is the author of “The Bank Deposit Documentation Manual for Front-Line Personnel” published by Bankers Publishing Company, and is well represented in numerous industry publications.
No comments:
Post a Comment