Standard Flood Hazard Determination Form Line-by-Line
March 22, 2023
Live Webinar:
DateMar 22, 2023Duration90 minutes
12:00 PM PDT01:00 PM MDT
02:00 PM CDT03:00 PM EDT
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar:
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
The epic flooding across the country this year has brought flood procedures and compliance front and center.
This line-by-line
webinar will provide a host of tips, tools, and best practices for wading
through the first wave of flood compliance and accurately completing the SFHDF.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Understand the critical timing requirements related to the flood determination process
- Identify valuable information listed on the SFHDF
- Explain why the flood zone is no longer listed on a national flood insurance policy
- Reference the Interagency Questions and Answers Regarding Flood Insurance applicable to the SFHDF process
- Determine when an institution can rely on a previously issued determination
- Describe what generates a Letter of Map Change
- Use FEMA’s website to obtain flood map information
- Request additional supporting materials from your determination service provider to verify existing loans located in a special flood hazard area
- Recognize possible action steps to change a flood map
WEBINAR DETAILS
A Standard Flood Hazard Determination Form (SFHDF)
appears simple, but it is essential that lending staff has a strong
understanding of its contents because it begins the process for meeting the
Flood Disaster Protection Act requirements. This understanding includes recognizing when to obtain the initial
determination, appropriately acting upon the information received, and
providing the proper notice.
In addition,
this session will explore FEMA’s map tool and explain how to request a flood
map change. It will also review
materials that can be requested from your determination company to aid in
identifying structure location and your institution’s loans located in a
special flood hazard area.
WHO SHOULD ATTEND?
This informative session
is designed for real estate lenders, loan processors, compliance staff, and
audit personnel.
TAKE-AWAY TOOLKIT
- Explanation of flood zones
- Procedures for use of a prior SFHDF
- Flood notice checklist
- Instructions on how to determine if there has been a flood map change
- Map change letter samples
- Interagency Questions and Answers Regarding Flood Insurance separated by section for easy reference
- Special flood hazard area loan worksheet
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to
copyright. Transmission, retransmission, or republishing of any webinar to
other institutions or those not employed by your institution is prohibited.
Print materials may be copied for eligible participants only.
Presented By
Brode Consulting Services, Inc.
© 2023 FINANCIAL EDUCATION & DEVELOPMENT, INC