Feb 13, 2020
Our presentation will focus on audit techniques for the entire Flood process, and exactly what to look for when performing the Flood audit. It seems as if monthly there is a bank somewhere paying out a lot of money for Flood violations – and we would prefer that it not be you.
The primary focus of the seminar will be on be the process of auditing your flood program, both at loan origination and loan servicing. Flood errors can happen almost any time – and the object is to assure that errors are kept to a minimum. Included will be a discussion of the requirements for both public and private flood insurance. Worksheets will be included for all subjects presented.
While the regulation will be discussed, the focus will be on flood pitfalls (the ones that can cost you $2,133 per violation). The discussion will include the truly expensive mistakes – gleaned from examiner findings, some from discussions over the years with you on hotline, and some that we have discovered in our audit/review work in banks. These will be presented as case studies, allowing you to contemplate and consider “real life” audit scenarios, and determine what to do to repair the issues (if it can be done). Come prepared to think through some occasionally complex scenarios.
This subject was suggested by several CBC members when we requested potential topics for 2020.
The subjects for the regulatory update will be determined by circumstances and releases from the various.
8:30 a.m. Registration & Continental Breakfast
9:00 a.m. Program Begins
12:00 p.m. Lunch (included)
1:00 p.m. Program Resumes
3:00 p.m. Program Adjourns
Flood Origination and Renewal Issues
Flood Loan Servicing Issues
Special Flood Subjects
Bill Elliott, CRCM, Senior Consultant and Manager of Compliance
Bill Elliott has over 30 years of banking experience. As a compliance consultant and manager of the compliance division with Young & Associates, Inc., Bill works on a variety of compliance-related issues, including leading compliance seminars, conducting compliance reviews for all areas of compliance, conducting in-house training, and writing compliance articles and training materials.
During his career, Bill spent 15 years as a compliance officer and CRA officer in a large community bank, and also worked for a large regional bank. He has been a lender for consumer, commercial, and mortgage loans, and has managed a variety of bank departments, including loan review, consumer/commercial loan processing, mortgage loan processing, loan administration, credit administration, collections, and commercial loan workout.
WHO SHOULD ATTEND
Compliance Officers and Auditors should attend this session. In addition, all personnel with responsibilities for flood insurance issues will find this session useful, including senior management, lenders, loan origination and loan servicing
$350 IBA Member
$180 Each Additional IBA Member
Indiana Wesleyan University - Fort Wayne Education and Conference Center
8211 W. Jefferson Blvd.
Fort Wayne, IN 46804.
Elizabeth DeHaven, Education Coordinator
You will receive an e-mail confirmation at registration.. If you have questions, contact Elizabeth Kilty at 317-387-9380 or via e-mail at firstname.lastname@example.org.
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations the day before or absences on the day of the program. Substitutions are welcome at anytime.