Nationwide compliance consultant Molly Stull will share tips and tools to aid with meeting your compliance obligations. You will master the requirements of the FDPA.
Benefits of Certification
- Master the requirements of the FDPA
- Understand the intricacies of flood insurance
- Protect your financial institution
- Demonstrate your knowledge
- Advance your career
Training Overview
FDPA Regulations Certification for 2023: This is the year for upskilling.
In January 2023 storms across the country caused flooding. The catastrophic rainfall and flooding in California alone may generate economic losses of $5-7 billion dollars. Additionally, Antarctic glaciers are thought to be shedding ice faster now than they have in the past 5,500 years contributing significantly to sea-level rise. This will cause even more flooding. You need to protect your financial institution and your borrowers now.
Regulators are cracking down on financial institutions that do not adhere to the Flood Disaster Protection Act (FDPA). Violations, and civil monetary penalties with them, are actively occurring. You need to conquer compliance with the FDPA to keep up with industry expectations and not get passed over for a promotion.
The Flood Disaster Protection Act (FDPA) Regulations Certification program will enable you to:
- Master the requirements of the FDPA
- Understand the intricacies of flood insurance
- Protect your financial institution
- Demonstrate your knowledge
- Advance your career
We have packed a large volume of interesting and useful content into five engaging webinars.
Flood Disaster Protection Act (FDPA) Regulations Certification
Webinar 1: Flood Disaster Protection Act (FDPA) Regulations: 101
- Background of the flood disaster protection act (FDPA)
- Purpose of the FDPA
- Nonparticipating vs. participating communities
- Flood zones
- Structures eligible for coverage
- MIRE event
Webinar 2: Flood Disaster Protection Act (FDPA) Regulations: A Deep Dive
- Flood determination
- What is a “FIRM” and how can it be changed
- Determination fee
- Reliance on prior determination
- Calculating the amount of flood insurance required
- Notice of special flood hazards
- Detailed structure exemption
- Escrow requirements
Webinar 3: Flood Insurance Policies: What Financial Institutions Must Know
- NFIP
- Private flood policies
- Mandatory acceptance
- Discretionary acceptance
- Plans provided by mutual aid societies
- Pros and cons
Webinar 4: FDPA Responsibilities After Origination
- Tracking
- LOL
- Re-mapping situation
- Record retention
- Force placement requirements
- Reliance on prior determination
Webinar 5: FDPA Exam Preparation And What To Learn From Agency-Identified FDPA Weaknesses
- FDPA examination procedures
- Examiner identified issues
- Recent CMPs
- FAQs – proposed changes
- General
- Private flood
- Training
- Auditing and monitoring
Who Should Attend?
-
Real estate lending professionals
-
Loan officers
-
Loan operations staff
-
Compliance officers
-
Auditors
-
Trainers
Expert Presenter
Molly Stull
- Compliance consultant for Brode Consulting Services, Inc.
- Conducts consumer compliance reviews and teaches compliance classes across the country
- 30 years of experience in the financial industry from teller to various management-level positions
See What Other Attendees Say:
Credits
Credits: Live webinars approved for 5.0 CPE credits
Field of Study: Management Services
Prerequisites: Basic Knowledge
Advanced Preparation: None
Delivery Method: Group Internet Based
Certificates of Attendance: BankersWeb certificates of attendance are available to all registered participants completing this webinar.
CareerLearning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
CareerLearning wants you to be satisfied with your purchase. If this program does not meet your expectations, email us at support@careerlearning.com.
Certifications
Employers particularly appreciate BankersWeb certifications because they represent definitive confirmation of the mastery of the subject area.
Please follow these steps to earn your certification:
- Attend all the training sessions in their entirety.
- Gain access to the final exam at the conclusion of the last session.
- Take the final exam and receive a score of 80% or better.
If you have any questions about the certification process, please get in touch with us.
We look forward to your participation!
CareerLearning Quality Commitment
CareerLearning wants you to be satisfied with your purchase. If this program does not meet your expectations, email us at support@careerlearning.com.