Welcome to the Compliance Cohort. We are a group of compliance professionals working to make compliance easier. Our goal is to take complex compliance concepts and put them in simple terms that apply to the real world. We are glad you have found us and look forward to collaborating in the future.
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Flood Insurance for Lenders
Flood insurance compliance is a critical part of the real estate lending process—and one that regulators continue to closely examine. While the requirements may seem straightforward at first, lenders are responsible for applying a number of specific regulatory requirements throughout the life of a loan. Missing a required notice, incorrectly calculating the required amount of insurance, or overlooking a servicing requirement can expose your institution to examination findings, civil money penalties, and unnecessary compliance risk.
Flood insurance compliance doesn't begin and end with determining whether a property is located in a Special Flood Hazard Area. Lenders play an important role in ensuring the institution complies with the federal flood insurance requirements from application through closing and beyond. From obtaining flood determinations and providing required notices to understanding escrow requirements and force placement procedures, lenders make decisions every day that directly impact compliance.
We believe flood insurance compliance is one of the most practical areas of lending compliance because it requires lenders to consistently apply regulatory requirements throughout the lending process. The challenge often isn't understanding that flood insurance is required—it's knowing exactly what the regulations require, when those requirements apply, and how to avoid common mistakes. That's why practical, role-specific training is essential.
To help financial institutions provide meaningful flood insurance training for their lending staff, we've developed two versions of our Flood Insurance for Lenders training program—each designed to meet different training needs depending on the level of detail your team requires.
For many institutions, the objective of flood insurance training is to ensure lenders understand the core regulatory requirements without taking too much time away from serving members and customers. This version delivers a practical overview of the federal flood insurance requirements in a concise, easy-to-follow format.
In approximately 40 minutes, participants will learn when flood insurance is required, how to understand flood determinations, the required borrower notices, minimum insurance requirements, common exemptions, and other key concepts lenders encounter during the loan process.
This option is ideal for annual training, onboarding new lenders, or providing a practical refresher on the fundamentals of flood insurance compliance.
For institutions seeking more comprehensive training, this version provides a deeper examination of the federal flood insurance requirements and how they apply throughout the lending process.
In addition to covering the foundational requirements, this program explores more detailed compliance topics, including escrow requirements, force placement procedures, acceptance of private flood insurance policies, recordkeeping responsibilities, common examination issues, civil money penalties, and practical strategies for mitigating compliance risk. Throughout the program, participants gain a better understanding of how the rules apply in real-world lending situations and how to recognize issues before they become compliance problems.
This option is well suited for institutions looking to strengthen their flood insurance compliance program or for lenders who regularly originate or work with real estate-secured loans.
While both versions of our program are designed with loan officers in mind, this training is valuable for your entire lending function—including loan officers, processors, assistants, underwriters, managers, auditors, and even compliance professionals. Whether your team is new to flood insurance or highly experienced, both versions of our program provide meaningful insights and real-world examples.
Taught by a former lender and processor, each program is designed to be practical, engaging, and directly relevant to day-to-day responsibilities—without overwhelming your team.
We make it simple to roll out fair lending training to your entire team—no complicated setup required.
You have two convenient options for delivery:
Download & Distribute Internally. Download the video and share it with your team using your existing systems. This option gives you full control over how and when your team completes the training.
Private Portal. Prefer a simpler approach? We can host the training for you on a dedicated webpage on our website, protected by a password that you can easily share with your team. This allows your lenders and staff to access the training anytime, from anywhere, without the need for internal setup or technical coordination.
Both options are designed to be straightforward, flexible, and easy to implement so you can spend less time coordinating training and more time ensuring your team stays compliant.
Flood Insurance Essentials for Lenders - $449 (time = 36 minutes) - SALE PRICE: $349
Short, efficient, and practical—a clear overview of fair lending fundamentals without taking too much time away from daily responsibilities
Advanced Flood Insurance for Lenders - $499 (time = 102 minutes) - SALE PRICE: $399
Comprehensive and in-depth—a deeper, real-world look at fair lending risks, requirements, and how they apply in day-to-day lending decisions
Demo Available: If you would like to demo this class before you purchase it to make sure it's what you are looking for, just let us know and we can work something out.
The total time of video instruction in this program is TBD minutes.
Introduction & Oveview
Core Requirements
The class is presented in TBD different videos and the total time of video instruction in this program is TBD.
TBD
This Compliance Class provides you with a deep dive into the fair lending requirements for financial institutions.
The class includes the following:
A comprehensive manual
An optional quiz (and answer key) to track both attendance and comprehension
3 “virtual classroom” instructional videos
You can deliver this to your lenders in one of two ways:
Download the videos and deliver it how you want; or
Use an online portal on our site (contact us to set this up)
60-day access to the class
The manual can be downloaded
The training videos can be downloaded
All of our Compliance Classes are presented in our virtual classroom approach. This approach is designed to bring the presenter to you (at a fraction of the cost of having a live person) and includes a video of the presenter in front of a slide presentation that replicates a typical seminar environment. In addition, our presenters take a three-part approach to compliance instruction: to educate, to empower, and to entertain. This is achieved by focusing on relevant topics, speaking in simple to understand, layman's terms, and by keeping it light and humorous whenever possible. We have found that this "3-E" approach allow students to learn as quickly and effectively as possible. And, it adds a little bit of fun to an otherwise dreadful topic.
When you purchase this compliance class, you get instant access to the online version of this class for 60 days. You will also receive an electronic version of the accompanying manual to keep.
We believe in our training products so much that we are offering a 100% money back guarantee within the first 10 business days after purchase. If you do not feel that you received the value promised for this training session, contact us within the first 10 business days after purchase and we will either make things right or provide 100% of the purchase price back to you.
