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Flood Insurance: Requirements and Best Practices, - A Two-Part Companion Webinar Series, Part 2 (Presented by David Dickinson and Jerod Moyer) We all know real estate compliance is no cakewalk. Whether it's residential or commercial lending, dealing with the flood insurance requirements can often be the most challenging We all know real estate compliance is no cakewalk. Whether it's residential or commercial lending, dealing with the flood insurance requirements can often be the most challenging aspect of real estate lending. Typically, at some point during the transaction the borrower, lender and insurance agent each reach a certain level of frustration. Often the challenge and frustration can be correlated to misunderstandings with regard to the many different nuances of determining, calculating, obtaining and documenting the proper coverage. Examiner scrutiny has continuously been on the rise since the natural disasters occurring in the last few years around the Midwest and Southern Gulf portions of the United States. The lack of knowledge and/or faulty senses of confidence about flood requirements are the driving factors of civil money penalties for many banks. The Flood Insurance requirements must be taken seriously. Therefore, you must have a proactive approach to ensure your team stays on track to understand all Flood Insurance Act requirements. Join BOL Guru David Dickinson and Jerod Moyer in a two part webinar series as they provide guidance for implementing the mandatory purchase provisions. Numerous examples will be provided to illustrate the amount of coverage and number of required policies. Each webinar will bring uniformity and understanding of the requirements of the law. They will be packed with insight to manage the daily challenges we all are faced with when we make, increase, renew or extend on any loan. This is truly four hours of training broken into two complementary companion webinars without duplication. Part I is not a "basics". Part II is not an "advanced". To achieve a full understanding of the flood insurance rules and requirements participants are encouraged to register for both webinars. "Flood Insurance: Requirements and Best Practices, Part II" is the second installment of the two-part companion flood insurance webinar series covering: - - - - - - - - - - - - - - - - Why attend? Meeting the regulatory requirements of the Flood Insurance Act is and will continue to be a HOT BUTTON in the banking industry. This two part companion webinar series will provide perspective from seasoned compliance professionals on properly protecting your bank and your customers. Who should attend? This information will be useful for management, loan officers, loan operations personnel and compliance officers. About the Speaker: David is a highly trained expert in compliance regulations. He is also a motivational speaker and innovative educator. As a qualified speaker on compliance issues, David speaks for the American Bankers Association's National Compliance School, as well as, several State Banking Associations.

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