OSC Compliance Bulletin: Government Shutdown – Impact on the NFIP

Banks/Lenders, Compliance, News

Three weeks into the ongoing U.S. Government shutdown, time continues to slip away – and consequences keep growing. Lenders and bankers must understand the vital facts, asking the right questions about how this shutdown really affects the industry.

Joseph Posavec, EVP of Tellum Advisory, provides in-depth analysis on the impact the government shutdown has on the National Flood Insurance Program (NFIP), while also answering the timely questions that should be on every banker and lender’s mind.

This bulletin is provided by Tellum Advisory, a consulting service for the lending and banking sector, also operating under the Steamboat Group banner. Tellum specializes in three key sectors—Insurance Review, Data Services, and Commercial Credit Underwriting—each designed to maximize performance and mitigate risk for lenders, banks, and servicers. The Tellum team, led by Joe Posavec, are available to support OSC/SUI customers with their ongoing compliance needs. Look for additional compliance news, articles, alerts — and more! — from Tellum in the coming months.

View the newsletter PDF below.

Previous Post
Mortgage Impairment – A Timely Solution
Menu