EVENT: Introduction to Lender Flood Compliance - *90 Minutes* (Session Code: 426)
This course provides a basic introduction to flood insurance compliance. It targets staff new to the industry and/or flood compliance.

This session will introduce attendees to the National Flood Insurance Program and how it works; its compliance history, and the basics of the mandatory purchase requirements as established by the National Flood Insurance Reform Act of 1994.

This fast-paced session will specifically address the following:

· When and where flood insurance coverage is mandatory.
· How much insurance is required.
· How to conduct proper notification procedures.
· Elements of a well-documented loan portfolio.
· How to avoid common compliance problems.
· How to correctly use and re-use the Standard Flood Hazard Determination form.
· Discuss escrow requirements and penalties for non-compliance.


Illinois Pricing:
Affiliate: $ 100.00
Non-Affiliate: $200.00

Out of State Pricing:
Regular: $ 150.00

Contact: Mary Jaros (Illinois Credit Union League)
Phone: 630-983-3466
Fax: 630-983-3212
Email: mary.jaros@ilcusys.org


Speaker: Rich Slevin
Speaker Bio:
Rich Slevin is a senior territory training manager for the Federal Emergency Management Agency’s (FEMA) training contractor, H2O Partners/SumTotal.
Rich is widely recognized as a flood insurance subject matter expert by FEMA as well as by key insurance, banking, and lending, federal and state government entities. State departments of insurance, industry trade organizations; insurance carriers, leading financial institutions as well as federal and state government agencies regularly look to him for his expertise on flood insurance.

Location(s):

Location 1:
Telephone - February 15, 2012: 10:00 am CT
Duration: 11:00 am CT

Online registration for this event has ended.