RC_LA_ST_200.1 Servicing Transfers Concepts
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| Option | Price |
| Member | $50.00 |
| Non-Member | $100.00 |
Mortgage servicing is the performance of the administrative and customer-facing responsibilities associated with a mortgage loan from the time it closes until it is paid off. The right to service a loan is a valuable business asset for mortgage lenders. These rights are often sold several times during the life of the loan to fund losses from problem loans, to pay off debts, or to restructure servicing portfolios. The sale of servicing rights is referred to as a servicing transfer.
Servicing Transfers Concepts covers the basic steps involved in mortgage servicing transfers. The course begins with an overview of servicing transfers and goes on to explain the servicing transfer process and the types of servicing transfers. Next, it discusses the importance of due diligence. Finally, the course introduces the major parties involved in servicing transfers, including GSEs, agencies, and investors.
This is a single-family/residential course.
Topics:
- Introducing Servicing Transfers
- The Transfer Process and Types of Transfers
- Servicing Transfers and Due Diligence
- GSEs, Agencies, and Investors
Seat time approximately 30 minutes.
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