Flood Determinations

MORE EFFICIENT, LOWER ORIGINATION COST

CCI’s settlement services worksheet eliminates redundant data entry and reduces overall origination costs when you bundle credit and flood.

Accurate Flood Zone Determinations
Protect your business, your clients and your investments. While studies show that some flood zone determination companies operate with double-digit error rates, our strategic partners deliver more than 99% accuracy.

Full Life-of-Loan Tracking
Life-of-Loan service provides comprehensive monitoring of first mortgage loans from origination forward. In addition to initial flood zone determinations, the service provides full tracking for FEMA map or Community Status changes, and reprocessing if needed to provide an updated zone determination. The coverage is fully transferable should you sell or transfer servicing. A borrower’s notification letter is included with a FZD for properties located in a Special Flood Hazard Area (SFHA).

HMDA Reporting
Our Flood partners provide pinpoint accuracy for 100% of your valid addresses. HMDA reporting is comprised of geographic elements in HUD-required format, including codes for city, state, county, Metropolitan Statistical Area, census tract, and Block Numbering Area.