This is not legal advice for your situation*

FIS Flood Services Responds to OCC

On February 25, 2008, the Office of the Comptroller of the Currency (OCC) issued OCC Bulletin 2008-4 to inform national banks of certain flood hazard determination practices that potentially expose national banks to compliance and operational risks.  On February 26, 2008, FIS Flood Services published its response.  This prompt and thorough response to its customers is just one example of the high degree of professionalism exhibited by FIS Flood Services in the conduct of its business, and only the most recent confirmation that DocMagic made the correct decision in making FIS Flood Services the primary flood hazard determination provider for DocMagic software customers.  For more information about the flood hazard determination services available through DocMagic, click here.




*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.