The Mortgage Life Cycle: Escrows

There are many steps in the mortgage life cycle .  Every step has its own unique compliance requirements to consider.  One such requirement is escrowing for flood insurance.  Say you are making, increasing, renewing or extending a loan secured by residential real estate that is located in a Special Flood Hazard Area.  While you will obviously need to require the borrower to purchase sufficient flood insurance coverage, you may also be required to escrow for the flood insurance premium.  But, there are exceptions. Make sure to check out our mortgage lifecycle online training opportunities below!

David explains more in the video.

Mortgage Life Cycle Online Training:

Ready to learn more?  JOIN US for our five-part webinar series, “Mortgage Life Cycle”.  This chronological journey through the life cycle of a mortgage loan will include:

  • Pre-Qualifications / Pre-Approvals
  • Applications
  • Denials
  • Shopping Disclosures
  • Underwriting
  • Pre-Closing / Closing / Post-Closing
  • Loan Servicing
  • Prohibitions & Much, Much More! 

Don’t worry if you can’t attend each one live, you will get a recording of each session, as well as written answers to all the questions submitted during the live event.  You will also receive an extensive resource manual that will put you on the path to success!


David Dickinson

David’s banking career began as a field examiner for the FDIC in 1990. He later became a Compliance Officer and Loan Officer for a small bank. In 1993, he established Banker’s Compliance Consulting. Along with his amazingly talented Team, he has written numerous compliance articles for prestigious banking publications and has developed compliance seminars that Banker’s Compliance Consulting produces.

He is an expert in compliance regulations. He is also a motivational speaker and innovative educator. His quick wit and sense of humor transforms the usually tiring topic of compliance into an enjoyable educational experience. David is on the faculty of the American Bankers Association National Compliance Schools and has served on the faculty of the Center for Financial Training for many years. He also is a frequent speaker at the ABA’s Regulatory Compliance Conference. He is also a trainer for hundreds of webinars, is a Certified Regulatory Compliance Manager (CRCM) and has been a BankersOnline Guru for many years. The American Bankers Association honored David with their Distinguished Service Award in 2016.

David and his wife Karen have three adult children, four grandchildren (none of whom live at home!) and two cats (of which Dave is allergic … the cats, not the children!). They recently moved to an acreage outside of Lincoln, Nebraska where he gets to play with his tractor. When possible David can be found fishing, making sawdust in his shop, or playing the guitar and piano. He also enjoys leading worship at his church.

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