Flood Insurance
Avoid Noncompliance Fines.
In 2022, banks paid $337,650 in penalties for flood insurance compliance violations. Are you next?
Compliance Requirements
What You Need to Be Compliant
Coverage
Property Determination
Determination Fees
Notice Requirements
Insurance Requirements
Escrow Requirements
Force Placement Requirements
Notice to FEMA Administrator
Find your Compliance Gaps
This bank was fined $3.6M by the OCC over flood violations

We Can Help
Get your Flood Insurance Program on track in three easy steps:
1) Assess your flood insurance plan
2) Identify compliance gaps
3) Remediate to avoid risk and penalities
Flood Insurance Requirements for Lenders
On the heels of a recent HUD audit on flood insurance, regulators put lenders on notice. They...
Four Tips for Lender Flood Compliance
As a lender, you are under increasing scrutiny by regulators to comply with federal flood...
FHA Flood Audit Exposes Lender Risk
HUD audit reveals $4.5 billion risk to lenders from flood insurance gaps In 2020, loan...
About Newbold
Headquarters Office
© Copyright 2023 Newbold Advisors