The OCC, Board, FDIC, FCA, and NCUA (collectively, the Agencies) propose to reorganize, revise, and expand the Interagency Questions and Answers Regarding Flood Insurance and solicit comment on all aspects of the amendments. To help lenders meet their responsibilities under Federal flood insurance law and to increase public understanding of their flood insurance regulations, the Agencies have prepared proposed new and revised guidance addressing the most frequently asked questions and answers about flood insurance. Significant topics addressed by the proposed revisions include the effect of major amendments to flood insurance laws with regard to the escrow of flood insurance premiums, the detached structure exemption, and force-placement procedures. Please join this panel as we discuss industry perspectives on the Proposed Rule.
Patrick Sullivan, VP of Industry Relations & Compliance at Assurant
Diana Banks, VP & Sr. Counsel at American Bankers Association
Bruce Oliver, Associate VP of Commercial/Multifamily Property at Mortgage Bankers Association
Scott Giberson, Flood Compliance Principal at CoreLogic Flood Services & NFA Legislative Committee Co-Chair
For more information on this webinar, visit the National Flood Association's event page.