270 likes | 439 Views
Introduction. What is a Flood Determination?An official declaration stating whether or not a property lies within a Special Flood Hazard AreaGenerically referred to as a
E N D
1. Delivering added value to your credit reporting services.
2. Introduction What is a Flood Determination?
An official declaration stating whether or not a property lies within a Special Flood Hazard Area
Generically referred to as a flood certificate
A certificate that protects investors and borrowers by ensuring flood insurance is purchased for properties in at-risk areas
Who uses Flood Determinations?
Any federally-regulated lender or government-sponsored enterprise is required to perform a flood zone determination for any mortgage loan they provide
3. Features Fully embedded in the MCL system
Integrated ordering and billing
Available on Settlement Services Worksheet (SSW)
5. Enabling Customers to Pull Flood Reports