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.
If you haven't done so already, make sure you sign up for our free membership where you get access to many member-only videos, articles, and other resources.
Flood insurance compliance can be challenging—but it doesn't have to be.
Whether you're new to flood insurance regulations or want to strengthen your understanding of the requirements, Flood Insurance Foundations gives you the practical knowledge you need to confidently navigate the federal flood insurance rules.
Designed specifically for banks, credit unions, and other regulated lenders, this program explains the key compliance requirements that apply throughout the lending process. From determining when flood insurance is required to meeting ongoing responsibilities after loan closing, you'll gain a clear understanding of your institution's regulatory obligations and learn how to reduce compliance risk.
This practical training program covers the essential federal flood insurance requirements every lending professional should understand, including:
Eligibility & Exemptions – Determine when the federal flood insurance rules apply and identify transactions that qualify for an exemption.
Core Flood Insurance Requirements – Learn how to properly complete flood hazard determinations, provide required borrower notices, and calculate the minimum amount of flood insurance required.
Additional Compliance Responsibilities – Understand escrow requirements, force placement procedures, acceptance of private flood insurance policies, recordkeeping obligations, and the penalties that can result from noncompliance.
Mitigating Compliance Risk – Discover common compliance pitfalls, examiner expectations, and practical strategies to strengthen your institution's flood insurance compliance program.
This program is ideal for anyone involved in the real estate lending process, including lenders and loan officers, mortgage and consumer lending staff, loan processors and underwriters, compliance officers, internal auditors, and risk management professionals.
Flood insurance requirements affect nearly every stage of a covered real estate loan. Missing a required notice, miscalculating the insurance amount, overlooking an exemption, or failing to meet ongoing servicing requirements can expose your institution to regulatory criticism and civil money penalties.
This course breaks down complex regulatory requirements into practical, easy-to-understand lessons that you can apply immediately. Instead of simply reviewing the regulations, you'll learn how the requirements work together and what your institution must do to remain compliant.
Whether you're building your knowledge from the ground up or refreshing your understanding of the rules, Flood Insurance Foundations provides the confidence and practical insight needed to support compliant lending practices.
The Flood Insurance Bootcamp will be submitted to the ABA for CE credits review.
Regular: $TBD
Get an additional attendee for $TBD. The total cost will be the current price (regular or discounted) for the first attendee plus $TBD for each additional attendee from your organization. Click the second button below to purchase for 2 attendees. For 3 or more attendees, email us at members@compliancecohort.com and we will send you an invoice.
PREVIEW THE CLASS BEFORE YOU BUY? 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 class is presented in multiple videos and will provide comprehensive information on Flood Insurance requirements. The total time of video instruction in this program is TBD.
See below for full curriculum:
Introduction
Definitions, Eligibility, and Exemptions
Basic Requirements
Flood Determinations
Non-participating Communities
Flood Notices
Amount of Flood Insurance
Second Mortgages & HELOCs
Condominium Policies
Multiple Structures
Other Requirements
ESCROW
Force Placement
Acceptance of Flood Insurance Policies
Record Retention and Penalties
Mitigating Risks
This Compliance Class provides you with a deep dive into the requirements for financial institutions.
The class includes the following:
A comprehensive manual
A “virtual classroom” instructional video
60-day access to the class
Certificate of completion (1 per registration - available upon request)
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.
Certificates of completion are now available upon request. One certificate is available per registration.
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.
