Mortgage Industry Update was written and designed to provide students an in-depth yet concise update of the biggest changes to hit the mortgage industry in the past 30 years. We will talk about how the new loan origination process works as well as how to calculate the days from disclosure to closing. We will review the new Loan Estimate and Closing Disclosure forms which are meant to help consumers more clearly understand the total costs of a home loan. There will be a quick review of some loan products and the consumer’s paperwork. We will also take a look at the new mortgage rules and how they affect the loss mitigation and foreclosure processes. We will review the Offer to Purchase and Contract and the Short Sale Addenda forms. Loss mitigation products (such as HAMP, HARP, HAFA, Short Sales and Deed in Lieu) will be reviewed.
THIS COURSE (NCREC Course # 3444) IS APPROVED FOR 4 HOURS OF ELECTIVE CREDIT BY THE N.C. REAL ESTATE COMMISSION AND MUST BE COMPLETED WITHIN 30 DAYS OF STUDENT REGISTRATION AND BY 11:59PM, JUNE 10.
After clicking the REGISTER NOW button below, you will then need to click NEW ACCOUNT. Once your account has been created, you may purchase and begin the course!
Best elective ever taken
This is by far the best course I have taken as an elective. Informative and a great instructor that held my interest at every moment. I learned more than I expected and will seek her out in the future.
Very Useful Information
I am walking away with very useful information. I wish I had this class sooner!
Getting the inside knowledge of how the mortgage industry really works was very helpful.
My knowledge and confidence has increased dramatically.
Between the short sale class and the mortgage class my knowledge and confidence has increased dramatically.
Ms. Iden was wonderful in her delivery!
I could tell that she’s had a lot of experience. Her explanations and examples were delivered in such a way that she answered whatever question I did have. Thank you for being such a great instructor, Ms. Iden!