Flood Compliance Policy Guidance

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Question:

I'm looking for guidance on developing written polices and procedures for flood compliance from both origination and servicing standpoints. I need something that includes training and monitoring procedures, how to determine coverage amounts and forceplaced procedures. Any suggestions on where I can find a similar policy template?

Answer:

Here is a link to a flood policy template that is available for purchase from the BOL Banker Store. The table of contents indicates that it contains many of the features you are looking for.

First published on BankersOnline.com 9/15/03