Consumer Loan
Flood Insurance Forms Line-by-Line

(90-minute webinar – recording also available)

 Thursday, March 19, 2020

12:00 PM Pacific          1:00 PM Mountain

2:00 PM Central           3:00 PM Eastern

Do you have a leaky flood compliance program? Are civil money penalties looming? You can protect your financial institution by understanding and complying with the Flood Disaster Protection Act requirements. 

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Understand critical elements in the flood determination process
• Dissect each required flood insurance form line-by-line
• Use weaknesses identified in recent CMPs to strengthen your flood compliance program
• Calculate the minimum amount of flood insurance required
• Explain the differences between an NFIP and a private policy
  • What’s required when reviewing a private policy
• Watch for potential flood issues with third-party service providers
• Implement monitoring and tracking tools to fulfill compliance responsibilities

WEBINAR DETAILS

How would you describe your consumer loan flood insurance compliance program? Is it robust enough to weather a storm? Or is someone metaphorically holding their finger in the dike? Now is the time to ensure staff knows the policy ins and outs and the forms line-by-line.

The components of an effective flood compliance management program include timely ordering of the determination; action steps when collateral is in a special flood hazard area; fulfilling notice requirements; and evaluating flood policies. But it doesn’t stop there! This webinar will address the elements of a monitoring program after the loan has originated; what to do when a policy must be force-placed; and the recent requirement to accept private flood policies. Come explore each step in developing a water-tight flood compliance program!

WHO SHOULD ATTEND?

This informative session is designed for lenders, loan processors, lending staff, compliance officers, risk officers, and trainers. 

TAKE-AWAY TOOLKIT

• Sample flood procedures
• Tool to calculate the amount of flood insurance required
• Private flood insurance policy checklist
• Sample flood policy
• Case studies to aid in training
• Employee training log
• Interactive quiz

DON’T MISS THESE RELATED WEBINARS!

Commercial Flood Insurance Rules & Best Practices

on Tuesday, March 24, 2020

Updated Flood Insurance Exam Procedures,
Including Recent Private Flood Insurance Rules

on Friday, December 6, 2019

        MEET THE PRESENTER

Molly Stull, Brode Consulting Services, Inc.

Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since. She has experienced the growth of a hometown bank, acquisitions of branches, mergers, charter changes, name changes, etc. Molly has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners. Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process they will be more compelled to follow the procedures. Molly holds a Bachelor’s from the University of Akron and an MBA from Ashland University.

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.

1. 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. 

2. 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. 

3. BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD

Options 1 and 2 described above.

 AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE