School of Mortgage Banking I: July 2021: Online
Register Now
Early Cutoff:
Before | Regular | ||
---|---|---|---|
MBA Member Price | (Before ) $1,600.00 | $1,800.00 | |
Non-Member Price | (Before ) $2,400.00 | $2,700.00 |
Description
Program Times:
Week 1:
- Monday, July 12th (2:30 - 5:00 PM ET)
- Tuesday, July 13th (2:30 - 5:00 PM ET)
- Wednesday, July 14th (2:30 - 5:00 PM ET)
- Thursday, July 15th (2:30 - 5:00 PM ET)
Week 2:
- Monday, July 19th (2:30 - 5:00 PM ET)
- Tuesday, July 20th (2:30 - 5:00 PM ET)
- Wednesday, July 21st (2:30 - 5:00 PM ET)
- Thursday, July 22nd (2:30 - 5:00 PM ET)
Week 3:
- Monday, July 26th (2:30 - 5:00 PM ET)
- Tuesday, July 27th (2:30 - 5:00 PM ET)
- Wednesday, July 28th (2:30 - 5:00 PM ET)
- Thursday, July 29th (2:30 - 5:00 PM ET)
Week 4:
- Monday, August 2nd (2:30 - 5:00 PM ET)
- Tuesday, August 3rd (2:30 - 5:00 PM ET)
- Wednesday, August 4th (2:30 - 5:00 PM ET)
- Thursday, August 5th (2:30 - 5:00 PM ET)
** Webinars may vary in duration depending on the subject matter**
Program Details:
- Classroom/Workshop
Program Summary:
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.
Lessons:
- Introduction to Mortgage Banking
- Ethics
- Loan Products
- Loan Production
- Quality Assurance, Quality Control, and Fraud Detection
- Loan Servicing
- Regulatory Compliance
- Laws Affecting the Mortgagee’s Interest in Property
- Warehouse Lending
- Secondary Marketing
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
Speakers:
- TBD
Scholarship Availability & Discounts:
Save More
MBA’s Path to Diversity Scholarship enables employees from diverse backgrounds to advance their career development by receiving up to $2,000 in education funds. Learn more and apply at mba.org/pathtodiversity.
Interested in complimentary seats for your organization? Contact Jeff Schummer at JSchummer@mba.org to learn more about Education Advantage.