Norwell, MA (PRWEB) April 30, 2014
Miniter Group today published "Lender Guidance for Implementation of the Homeowners Flood Insurance Affordability Act of 2014" a white paper which will describe the changes to the NFIP flood program through the implementation of the Biggert-Waters Act of 2012 and subsequently the Flood Insurance Affordability Act of 2014. The changes described in the white paper will only be changes that affect bankers and loan servicers. The white paper is an attempt to inform bankers and loan servicers of the recent changes in the law and what to expect as these laws are implemented over the next 18 months.
According to Jim Gilpin, EVP of Business Development at Miniter Group,
"We have completed 2 webinars designed to inform loan servicers regarding the changes to flood servicing as required by Biggert-Waters and the Homeowners Flood Insurance Affordability Act. This white paper is a summary of the information provided during these webinars."
To receive a copy of the white paper click here.
Miniter Group is a leading provider of collateral risk transfer solutions to the lending industry. Miniter Group provides insurance solutions to over 550 lenders in 45 states. In addition to our in-house software development, which created our Borrower-Centric Insurance Tracking Solution, other collateral risk transfer solutions include Vendor Single Interest Insurance, Lender Placed Insurance, Collateral Protection Insurance and Mortgage Impairment Insurance.
Miniter Group can be reached at 1-800-MINITER or http://www.miniter.com