It is not uncommon for examiners to criticize credit unions for failing to comply with the flood insurance requirements. In this webinar, Anne will guide lenders and processors through the current rules and make sure the requirements are clear.
In addition to the basic rules, we'll address these problem areas:
- What buildings are subject to the rules
- How to handle manufactured homes
- Required notices
- Calculating the minimum amount of insurance,
- Handling disputes
- Previous determinations
- Construction loans
- Lines of credit
- Junior liens
- Forced placement
Importantly, the webinar is accompanied by downloadable booklet that contains the most recent federal guidelines—reformatted for clarity and easy reading.
Who Should Attend?Designed for both new and seasoned employees, this webinar will provide critical, yet easy-to-understand information for lenders, loan processors and compliance officers.
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