Back in August, we added sample Private Flood Insurance Procedures to the free Lending Tools page of our website.
These sample procedures were designed to give you a starting point or framework to help you develop procedures for your institution. We encourage you to take these procedures and tweak as needed.
The procedures include a Private Flood Insurance Checklist that will help walk you through the process when a borrower presents you with a private flood insurance policy.
Listen to the video as Diane walks you through the checklist and gives some tips to assist you in the process.
Want more FREE Lending Regulation TOOLS? Find them all here – https://store.bankerscompliance.com/link/LendingFD