Flood Insurance Requirements for Lenders

Flood Insurance Requirements for Lenders

On the heels of a recent HUD audit on flood insurance, regulators put lenders on notice. They found 31,500 federally backed loans in flood zones without flood insurance, exposing lenders to more than $4.5 billion in risk. This news is a wake-up call to lenders to take...
Four Tips for Lender Flood Compliance 

Four Tips for Lender Flood Compliance 

As a lender, you are under increasing scrutiny by regulators to comply with federal flood insurance requirements. To avoid the risk of non-compliant loans and financial penalties, you need to understand four main areas before closing a loan in a FEMA-designated flood...
Remote Work…It’s Not Exactly Living Up to the Hype

Remote Work…It’s Not Exactly Living Up to the Hype

Two years ago, the idea of working remotely was the stuff of employee fantasy and seemed to be reserved for West Coast startups and tech giant worker bees. When the COVID lockdown hit, companies scrambled to keep things moving with an off-site workforce. To the...
Newbold Team Spotlight On … Nathan Norris

Newbold Team Spotlight On … Nathan Norris

Position: Senior Business Development Manager Office location: Austin, TX Phone: 512-206-6411 Email: nnorris@newboldadvisors.com As one of Newbold’s newest team members, Nathan Norris has a fresh take on what it’s like to join an organization (during a...