National Flood Insurance for Compliance Professionals
Course Number: NFICP1
Course Code: ABA 319
Provides a brief history of the federal flood insurance statutes—the Homeowners Flood Insurance Affordability Act (HFIAA) and the Biggert-Waters Act (BWA)—as well as the implementing regulations, an overview of flood insurance requirements, and a discussion of enforcement.
After completing this course, students will be able to:
– Describe the background and history related to the national flood insurance regulations
– Explain the general regulatory requirements for the applicable laws and regulations
ABA Diplomas/Certificates: This course applies to the ABA Certificate in Lending Compliance.
Audience: Compliance professionals including compliance managers, officers, and other compliance team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, auditors and lending compliance professionals