Option to Escrow for Flood Insurance Checklist

$25.00

The Option to Escrow for Flood Insurance Checklist documents whether a financial institution properly applied the option to escrow flood insurance rules for a specific transaction. This checklist is a great tool to help you get it right the first time and can be used as a review or audit checklist as well. The revised flood rules were generally effective as of October 1, 2015, but escrow requirements for flood insurance premiums and revisions to the Flood Hazard Notice are effective January 1, 2016.

Description

Checklists are designed to simplify tasks and ensure requirements are met. The Option to Escrow for Flood Insurance Checklist document whether a financial institution has properly applied the option to escrow flood insurance rules for a specific transaction. This checklist is a great tool to help you get it right the first time and can be used as a review or audit checklist as well.

 

Reviewed 09.01.2020

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