The Mortgage Servicing 101 – “The Essentials” course will teach students about mortgage servicing and its many variables such as the life of the loan, closing documentation, payment processing, default servicing, investor accounting and reporting, escrow management and much more.
COURSE OUTLINE:
Price - $199.00 Sale - $99.00
The Mortgage Servicing Laws - “The Essentials” course will teach students about the regulations and regulators that govern mortgage servicing. We will will review different scenarios, which will show how a servicer can be in violation of different acts.
COURSE OUTLINE:
Price - $199.00 Sale - $99.00
The Servicing Investors - "Compare & Contrast" course will discuss the purpose of each servicing investor and the difference of each. We will also discuss some of the timelines as it relates to mortgage servicing that are imposed on servicers when servicing government-sponsored enterprises (GSE) loans.
COURSE OUTLINE:
Price - $199.00 Sale - $99.00
The Servicing Payment Processing - "Complete Review” course will discuss the various correspondences and annual statements regulated by the Consumer Financial Protections Bureau (CFPB) that should be sent to the consumer as it relates to the life of the loan. We will also discuss Mortgage Insurance, fees related to non-payment and much more.
COURSE OUTLINE:
Price - $199.00 Sale - $99.00
The Servicing Quality Control - "Understanding Audits" course will briefly discuss the home ownership crisis that lead to government regulation on Mortgage Servicing and the action that immediately followed this crisis. We will discuss the importance of the audit and compliance process, general audit requirements and much more.
COURSE OUTLINE:
Price - $199.00 Sale - $99.00
The Servicing Transfer & Sale of a Loan - "Step-by-Step" course will discuss the steps taken when servicing is transferred to another servicer and/or investor. We will also discuss the communication that goes out to the customer during these processes and the oversight regulated by the Consumer Financial Protections Bureau (CFPB)..
COURSE OUTLINE:
Price - $199.00 Sale - $99.00