BankTrainingCenter.com offers banking exams, banking degree training, and professional development for banking professionals
Course/Product Description
Title:

Flood Insurance Training: It's No Longer Optional

SKU:WC-1014379
Date / Time: Recorded
Format: Webinar
Order:Qty:
Description:

Flood Insurance Training: It's No Longer Optional

Flood insurance training is no longer "optional". The Biggert-Waters Flood Insurance Reform Act extended authority for the National Flood Insurance Program (NFIP) through 2017. This legislation also allowed regulators to increase fines to $2,000 per incident and removed the annual limit.

Attend this training session to get updated on Flood Insurance training. By attending, you will better understand the rules of coverage, the root causes for common violations (including proper completion of the Standard Flood Hazard Determination Form), controls to require adequate flood insurance coverage, and proving that the Notice of Special Flood Hazards was delivered for each type of "triggering" event.

Covered Topics:


  • Expectations for flood insurance compliance, including recent regulatory guidance and suggestions for oversight by the Board and Senior management

  • What "pattern or practice" violations will trigger mandatory assessment of civil money penalties by your financial institution's primary regulator?

  • Requirements of the Biggert-Waters Flood Insurance Reform Act of 2012 and the Homeowner Insurance Affordability Act

  • How to deliver proper flood hazard notices for the four types of "trip wire" events; proper insurance calculation methods, and force placement rules

  • Problem areas - what are they and how can you avoid making costly mistakes? Portions of the interagency question and answers will be covered. Topics to be covered include examples for:





    • Contents coverage for commercial loans

    • Residential condominium loans

    • Force placement of flood insurance

    • Map changes

    • Disputing flood zone determinations

    • Flood zone discrepancies

    • Notice to borrower

    • Proof of coverage

    • Construction Loans

    • Modifications

    • Detached garages



  • Flood Insurance Resources - helpful references and tools for compliance
Who Should Attend

This informative session is designed for auditors, loan officers, loan assistants, and loan administration staff. This seminar is designed for both those new to flood insurance compliance or more experienced personnel looking for a review of existing requirements.

The Presenter

Susan Costonis is a compliance consultant and trainer. She frequently provides consulting services to financial institutions regarding fair lending and other compliance management issues. Her 36 year career in banking and training began with 20 years at First National Bank, an affiliate of Wells Fargo Bank, in Fort Collins, CO. Susan has been a bank compliance consultant or compliance officer in Louisiana since 1998.

During her career, Susan has successfully managed compliance programs and exams for institutions supervised by the OCC, FDIC, and Federal Reserve. She is a Certified Regulatory Compliance Manager and completed the ABA Graduate Compliance School and the Graduate Banking School of the University of Colorado. Susan regularly presents seminars to financial associations.

Cannot Attend The Live Presentation?

This presentation is also available in a recorded format, in On-Demand Or CD versions, as shown in the pricing options below.

About Webcasts / Audio Conferences / Podcasts:

Webcasts, audio conferences, and podcasts are presentations that you attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.

The live versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back at work immediately after the session ends!

And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous times and to share it with others in your office.

Handout materials and the phone number for live presentations are made available to you prior to the event via email from the presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.

Licenses / Designations / Educational Credits:CEU
All US States: 2.5
All Canadian Provinces: 2.5
About The Provider: Since 1983 Total Training Solutions has produced dozens of videotapes, CD-Roms, DVD's and web-based training modules. In addition to off-the-shelf products, Total Training Solutions also develops custom training products and consults with financial institutions to develop their own training curriculum.

For timely delivery of training topics, webinars or web conferencing is an unbeatable option. We now offer over 100 live programs per year and you can even purchase the recorded or ondemand session if you are unable to attend the live program.

We have worked exclusively with the financial industry since our founding. Because of this, we understand the needs of training departments in financial institutions and are alert to changes which affect the industry.

Webinar Descriptions:

Live Session:
Attend the live session with the opportunity to ask questions to the presenter. You also receive a link to the handouts. All registrations for a live event will be given access to the OnDemand recording, at no additional cost, for seven days following the event. This will allow a flexible alternative when last minute conflicts intrude on scheduled events.

Recorded CD:
CD-Rom includes audio and video of recorded webinar plus hard copy handouts. You will also receive 6 months access to the OnDemand weblink as an added free bonus.

OnDemand:
Includes a weblink for unlimited viewing for 6 months after the date of the webinar as well as a link to handouts.

Live + Recorded:
Includes all three options above. Live session, OnDemand Weblink, and CD-Rom plus Hardcopy Handouts.

Live + OnDemand:
Includes two of the options above. Live session and 6 months access to OnDemand Weblink plus link to handouts.
More Info: Contact Us For More Information
Order:Qty:
Share This: Share on Facebook


Share on Twitter


Share on Google+


Sixty (60) Critical Steps For Handling Delinquent and Abandoned Safe Deposit Boxes
Sixty (60) Critical Steps For Handling Delinquent and Abandoned Safe Deposit Boxes

W-9, W-8BEN and W-8BEN-E New Updated Forms and Info
W-9, W-8BEN and W-8BEN-E New Updated Forms and Info

Call Report for Banks - Recent Changes, Highlights, and Pitfalls
Call Report for Banks - Recent Changes, Highlights, and Pitfalls

ACH Exception Processing
ACH Exception Processing

Dealing With Appraisals: Regulations And Requirements
Dealing With Appraisals: Regulations And Requirements

Certified Regulatory Vendor Program Manager
Certified Regulatory Vendor Program Manager

What To Do When Applicants Or Employees Have A Criminal History
What To Do When Applicants Or Employees Have A Criminal History

How To Avoid Wrongful Termination Claims
How To Avoid Wrongful Termination Claims

Payroll Records: What To Keep, What To Toss
Payroll Records: What To Keep, What To Toss

Banker′s Responsbility Under FCRA
Banker′s Responsbility Under FCRA

Cyber Security Training Courses
Cyber Security Training Courses

A Business Development Officer′s Guide To Selling Non-Traditional Financial Products
A Business Development Officer′s Guide To Selling Non-Traditional Financial Products

Qualified Financial Advisor (QFA)
Qualified Financial Advisor (QFA)

Insurance License
Insurance License

Quality Control 101 - QC for Conventional Loans  (On-Demand)
Quality Control 101 - QC for Conventional Loans (On-Demand)

Internal Investigations Certificate Program
Internal Investigations Certificate Program

FacebookBankTrainingCenter.com. 5755 North Point Parkway, Suite 228 | Alpharetta, GA 30022 | 770-410-9375 | support@BankTrainingCenter.com
Copyright BankTrainingCenter.com 2018 | Web Site Development by OTAU
Facebook