Chief Compliance Officer Kirk Stephens, CRCM, has compiled and summarized the most recent list of the federal banking regulatory agencies’ Questions and Answers Regarding Flood Insurance (Q&As). Overall, the Agencies have adopted the majority of the Q&As as proposed except for adding three new Q&As (Applicability 13, Amount 10, and Condo and Co-op 9) and clarifying certain other force placement Q&As to better address lender questions. Click here to view the newsletter PDF.
Compliance Insights Bulletin: Special Report on Flood Insurance
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