Skip to content
GeoDataVision
Thread Options
#669099 - 01/19/07 09:20 PM Flood Insurance Determination
Floridian Offline
Member
Joined: Jul 2004
Posts: 56
In reviewing some loan files we found instances where the flood determination was completed a few days after the loan closed. How serious is this violation?
_________________________
My opinions are my own....no one else wants them.

Return to Top
Lending Compliance
#669110 - 01/19/07 09:27 PM Re: Flood Insurance Determination Floridian
Skittles Offline
10K Club
Skittles
Joined: Sep 2002
Posts: 13,963
TN
$385 fine per loan. Hopefully none of these were located in special flood hazard areas. Then you have more problems.
_________________________
My Opinions Only

Return to Top

Moderator:  Andy_Z