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:

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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.