|
OCC Issues Bulletin Regarding Flood Compliance Concerns |
|
|
|
|
On February 25, the Office of the Comptroller of the Currency (OCC) issued a bulletin identifying flood determination related practices which may leave lenders out of compliance with federal flood insurance regulations. In response to this, we have prepared a comment on our current practices so that you may be assured that your compliance needs are being addressed. Should you have any questions on this or any other compliance matter, please feel free to contact your Account Manager or our Compliance Department.
|