Managing Force-Placed
Mortgage & Auto Insurance
(90-minute webinar – recording also available)
Thursday, February 27, 2020
12:00 PM Pacific 1:00 PM Mountain
2:00 PM Central 3:00 PM Eastern
How can you ensure your collateral is properly insured? Are there coverage gaps? Force-placed insurance may be the answer.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Properly administer the force-placed hazard insurance rules for mortgages
- Distinguish between hazard insurance rules and flood insurance rules
- Handle force-placed auto insurance issues
- Define what should be considered in an E&O policy to ensure there are no gaps in insurance coverage
- Avoid the landmines that can arise with initial disclosures
- Assess the potential impact of other insurance types on your policies and procedures
WEBINAR DETAILS
In a perfect world, all collateral would be properly insured. Nothing is more disheartening than to realize your collateral has burned to the ground – with no insurance. Join us to learn the technical regulatory requirements of force-placed insurance and how to avoid losses. This program will focus on issues important to lenders, plus offer suggested questions to pose to your insurance professionals.
WHO SHOULD ATTEND?
This informative session is designed for lending management and staff involved in the force-placed insurance process and senior management responsible for your institution’s E&O insurance policies.
TAKE-AWAY TOOLKIT
- Comprehensive manual regarding force-placed insurance compliance, with sample letters and other guidance
- Employee training log
- Interactive quiz
 MEET THE PRESENTER
Bill Elliott, CRCM, Young & Associates, Inc.
Bill Elliott has over 40 years of banking experience. As a senior compliance consultant and Director of Compliance Education with Young & Associates, Inc., Bill works on a variety of compliance-related issues, including leading compliance seminars, conducting compliance reviews, conducting in-house training, and writing compliance articles and training materials.
Bill’s career includes 15 years as a compliance officer and CRA officer in a large community bank, as well as working at a large regional bank. He has experience with consumer, commercial, and mortgage loans, and has managed a variety of departments, including loan review, consumer/commercial loan processing, mortgage loan processing, loan administration, credit administration, collections, and commercial loan workout.
Please note: The live webinar option allows you to have one internet connection (from a single computer terminal). You may have as many people as you like listen and watch from your office computer.
THREE REGISTRATION OPTIONS
Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.
- LIVE WEBINAR
The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that allows entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed prior to the broadcast. You will need the most current version of Adobe Reader available free at www.adobe.com.
- RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.
The recorded webinar may ONLY be ordered for 6 months following the live webinar. In addition, the download must be completed within 6 months of the live webinar date.
- BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Options 1 and 2 described above.
AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE
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