queue_play_next Webinars

Flood Insurance Compliance – Best Practices

date_range April 22nd at 2:00pm EDT
Registration ends at midnight the night before event (April 22nd at 12:00am EDT).

The cost of flood insurance non-compliance can be expensive for financial institutions. For violations occurring after January 15, 2021, the cost of a flood violation is $2,252 per violation per loan. Join us as we review the basics of flood insurance rules for financial institutions, talk about the most common violations, and explore ways to mitigate risk of non-compliance.

What You Will Learn:

1. Elements of a flood insurance program

2. Review of common violations such as the purchase of insurance and force-placement of insurance

3. How CMPs are determined

4. How to avoid flood insurance violations and ways to mitigate risk

Who Should Attend: Compliance Officers, Auditors, Lending Staff, Operations Staff, and interested parties.



Presenter:

  • Becky Breland
    • Becky Breland
    • Senior Consultant Becky Breland has 18 years legal experience in the areas of federal consumer protection regulations and Bank Secrecy Act compliance. Becky is a regulatory attorney licensed to practice law in the State of Alabama since 2001. Her current responsibilities include working closely with financial institutions to create custom training programs and materials. Becky also works directly with regulatory agencies to develop content for their custom training programs along with maintaining the training program materials for changes in policies and regulations. In addition to developing classroom training, Becky has developed online training and webinars for Capco. Becky is one of Capco's trainers and has provided classroom training to regulatory agencies, financial institutions and at Capco-hosted events, seminars and workshops on the subjects of deposit, operations and lending compliance.