Int Q&A – Servicing 4 – Can delivery of the notice be made electronically, including batch transmission?

Compliance > Lending > Flood > FAQs
Q:  Servicing 4 – Can delivery of the notice be made electronically, including batch transmission?
 
A:   Yes. The Regulation specifically permits transmission by electronic means. A timely batch transmission of the notice would also be permissible, if it is acceptable to the Administrator’s designee, i.e., the insurance provider.
 
 
ADDITIONAL INFORMATION:
This Q&A was included in the Interagency Questions and Answers Regarding Flood Insurance, which were issued on 05/11/2022.  They were published in the Federal Register on 05/31/2022 and may be found here:  https://www.federalregister.gov/documents/2022/05/31/2022-10414/loans-in-areas-having-special-flood-hazards-interagency-questions-and-answers-regarding-flood
 

Add Feedback