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April 24
BSA/AML Compliance: Writing the SAR Narrative
Ken Golliher

April 29
HSA Basics
Whitney Johnson

April 29
Required Training for Loan Originators
Mary Beth Guard and Jack Holzknecht

May 13
Overdraft Practices in Today's Regulatory Environment
John Burnett

May 14
Reg E Claims - Allocating Liability Correctly
Andy Zavoina

May 15
Managing Electronic Information - From A to Zettabyte
Fred Menge



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#1401628 - 06/09/10 05:32 PM flood/ non participating community
TooTall Offline
100 Club

Registered: 08/26/04
Posts: 212
Loc: oklahoma
We are making a loan on a commercial building located in a SFHA. The community where the builing is located does not participate in the NFIP so flood insurance would not be available or required.
But the county in which the community and the building are located does participate in the NFIP. Would this require flood insurance on the building.I can find nothing in the guidelines that addresses county participation.

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Lending Compliance
#1401684 - 06/10/10 08:39 AM Re: flood/ non participating community [Re: TooTall]
Dan Persfull Offline
10K Club

Registered: 08/28/02
Posts: 40014
Loc: Bloomington, IN
If the community does not participate then flood insurance would not be required because a NFIP policy is not available in the community, you would however still have to send the notice of availability.
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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