Topic: FDIC and Force-Placed Flood Compliance
New Date: 11/18/14
Time: 2PM EST
2014 has brought much confusion to loan servicers with regard to flood insurance. The Implementation of Bigger-Waters was interrupted by The 2014 Homeowner Flood Insurance Affordability Act. In addition The FDIC and other regulators have offered mixed messages to lenders regarding force-placed flood regulation.
This webinar will present FDIC examination insight relative to force-placed flood insurance. In addition we will discuss how to efficiently notify borrowers of SFHA map changes.