Who Makes the Final Decision about Filing a SAR?
. . . and other questions in ABA’s Regulatory Policy and Compliance Inbox.
Browsing: Flood insurance
HUD Proposal to Allow Private Flood Insurance for FHA-Insured Mortgages
The Department of Housing and Urban Development today Read the proposal to allow mortgagors the option to purchase private floor insurance on Federal Housing Administration-insured mortgages for properties located in Special Flood Hazard Areas.
ABA Urges Movement on Flood Insurance Guidance
Today ABA commented on the interagency proposed questions and answers issued by the prudential banking agencies earlier this year.
Agencies Propose New, Revised Questions and Answers on Flood Insurance
The banking agencies today released several new interagency questions and answers on flood insurance compliance, as well as a major reorganization of and certain revisions to pre-existing Q&As.
Senate Clears 2020 Spending Bills; Orders CECL Review
In a 71 to 23 vote this afternoon, the Senate approved a spending package for the current fiscal year, funding the government through Sept. 30, 2020.
House Passes 2020 Spending Bills; CECL Study Required
The House today approved a spending package for the current fiscal year, funding the government through Sept. 30, 2020. The Senate is expected to vote on the spending bills later this week.
CEO Q&A: Preparing for the Storms of Banking
In a world where bank CEOs often reach the corner office via serving as chief financial officer or building a career on the lending side, Clayton Legear did things differently.
Podcast: A Risk Manager Moves Into the Corner Office
As one of the country’s generation of young bank CEOs, and one whose professional background is in risk management and regulatory compliance, Clayton Legear shares his unique outlook in the latest episode of the ABA Banking Journal Podcast.
How Banks Should Prepare for a Flood Insurance Lapse
If not reauthorized, the National Flood Insurance Program will lapse on Nov. 21. Here’s what bankers can do to get ready.
Updated FDPA Exam Manual Reflects Private Flood Rule Changes
The Federal Financial Institutions Examination Council updated its Flood Disaster Protection Act examination manual to reflect changes resulting from the new private flood rule, which went into effect on July 1, 2019.