Education & Events

Flood Insurance Compliance Update & FAQS
Monday, February 4, 2019, 3:00 - 4:30 pm
Flood CMP... those eight letters can cause alarm! Examiners are inspecting flood procedures with a fine-toothed comb and are quick to issue civil money penalties (CMP) for noncompliance. Lenders must know the Flood Act’s numerous technical requirements. This can’t-miss session will address flood rules, FAQs, disclosure requirements, mapping changes, detached structure rules, private flood insurance, and escrow requirements. It will also outline red flags and errors cited during examinations. These real-life examples will illustrate lessons learned from others’ mistakes. In addition, the sample procedures and tools provided will ensure compliance and make your next flood exam a non-event. Join this webinar to learn more about this high-risk area.
- Which loans are covered?
- Complete, accurate, and timely flood determinations
- Notice for flood properties – timing is imperative
- How much flood insurance is enough?
- Force-placing insurance
- Mandatory escrow requirements
- Detached structure rules
- Frequently asked questions
TAKE-AWAY TOOLKIT
- Sample flood procedures
- Monitoring and tracking tools, including sample procedures
- Worksheet to test whether there is enough insurance coverage
- Employee training log
- Quiz to measure staff learning and a separate answer key
ABOUT THE PRESENTER – Ann Brode-Harner, Brode Consulting Services, Inc.
Ann Brode-Harner 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 30 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
WHO SHOULD ATTEND
This informative session will benefit lenders, loan processors, compliance officers, and auditors.
MEMBER
Live Webinar
$255.00 Single Location
$150.00 Each Additional Location
Recorded Webinar & Free Digital Download
$255.00
Premiere Package (Live & Recorded Webinar with Free Digital Download)
$375.00
If you have any questions or need additional information, please contact Marcy Borden at 317-387-9380 or mborden@indianabankers.org
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. If your bank is unable to participate after registering, you can select to purchase the on-demand presentation.