School of Mortgage Banking I: January 2025: Online

January 14-February 7, 2025 6-10 CMB Points Accredited Mortgage Professional (AMP) Capital & Secondary Markets Classroom Closing & Loan Documentation Cross-Functional Education Funding, Warehousing, Shipping, & QC Loan Administration & Servicing Loan Production (Origination, Underwriting, Processing) Regulatory Compliance, Law, & Fraud Residential School of Mortgage Banking School of Mortgage Banking I
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By December 3, 2024After December 3, 2024
Member Price$1,650.00$1,850.00
Non-Member Price$2,500.00$2,800.00

About the Event

MBA Education’s School of Mortgage Banking I emphasizes the interrelated roles of the functions within a residential mortgage banking firm and the relationships of the various institutions and agencies throughout the real estate finance industry. This course provides a foundation in residential loan production, secondary marketing, warehouse lending and servicing. It also presents an overview of associated disciplines essential to a complete understanding of mortgage banking, including ethics, regulatory compliance, real estate law, loan products, quality assurance, quality control and fraud detection.

Note: Students who intend to acquire their AMP designation need to first complete SOMB I and pass the exam, then complete SOMB II and pass the exam. Students who are not working toward AMP designations do not need complete SOMB I to enroll in SOMB II.

Topics:

  • Introduction to Mortgage Banking
  • Ethics
  • Loan Products
  • Loan Production
  • Regulatory Compliance
  • Laws Affecting the Mortgagee’s Interest in Property
  • Quality Assurance, Quality Control, and Fraud Detection
  • Loan Servicing
  • Warehouse Lending
  • Secondary Marketing

Program Details:

  • Classroom/Workshop (Virtual)

Instructors:

  • Each session of the School of Mortgage Banking I is taught by an industry professional considered a thought leader by MBA and other subject matter experts in that area of mortgage lending. Click to read about MBA's School of Mortgage Banking I instructors.

Experience Level(s):

  • Entry-Level
  • Intermediate

Intended Audience:

  • Individuals interested in an overview of all areas the residential mortgage lending industry
  • Individuals interested in obtaining the AMP or the CMB designation
  • Mortgage professionals in any role in the residential mortgage industry

Program Times:

Week 1:

  • Tuesday, January 14 (1:00 - 3:30 PM ET)
  • Wednesday, January 15 (1:00 - 3:30 PM ET)
  • Thursday, January 16 (1:00 - 3:30 PM ET)
  • Friday, January 17 (1:00 - 3:30 PM ET)

Week 2:

  • Tuesday, January 21 (1:00 - 3:30 PM ET)
  • Wednesday, January 22 (1:00 - 3:30 PM ET)
  • Thursday, January 23 (1:00 - 3:30 PM ET)
  • Friday, January 24 (1:00 - 3:30 PM ET)

Week 3:

  • Tuesday, January 28 (1:00 - 3:30 PM ET)
  • Wednesday, January 29 (1:00 - 3:30 PM ET)
  • Thursday, January 30 (1:00 - 3:30 PM ET)
  • Friday, January 31 (1:00 - 3:30 PM ET)

Week 4:

  • Tuesday, February 4 (1:00 - 3:30 PM ET)
  • Wednesday, February 5 (1:00 - 3:30 PM ET)
  • Thursday, February 6 (1:00 - 3:30 PM ET)
  • Friday, February 7 (1:00 - 3:30 PM ET)

** Sessions may vary in duration depending on the subject matter**

View a sample online agenda

Scholarship Availability & Discounts:

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MBA’s Path to Diversity Scholarship is designed to support employees from diverse and traditionally under-represented backgrounds to advance their professional growth and career development by receiving up to $2,000 in education funds. Learn more and apply at mba.org/pathtodiversity.

Your organization can get two complimentary seats to this class with an Education Advantage subscription! Contact Kathy Ryan to learn more about Education Advantage!