School of Mortgage Banking III: August 2021: Online

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Early Cutoff:

  Before Regular
MBA Member Price (Before ) $1,700.00 $1,900.00
Non-Member Price (Before ) $1,900.00 $2,900.00


Program Times:

Week 1:

  • Monday, August 9th (1:00 - 3:00 PM ET)
  • Tuesday, August 10th (1:00 - 3:30 PM ET)
  • Wednesday, August 11th (1:00 - 3:30 PM ET)
  • Thursday, August 12th (1:00 - 3:30 PM ET)
  • Friday, August 13th (1:00 - 3:30 PM ET)

Week 2:

  • Monday, August 16th (1:00 - 3:30 PM ET)
  • Tuesday, August 17th (1:00 - 3:30 PM ET)
  • Wednesday, August 18th (1:00 - 3:30 PM ET)
  • Thursday, August 19th (1:00 - 3:30 PM ET)

Week 3:

  • Monday, August 23rd (1:00 - 3:30 PM ET)
  • Tuesday, August 24th (1:00 - 3:30 PM ET)
  • Wednesday, August 25th (1:00 - 3:30 PM ET)
  • Thursday, August 26th (1:00 - 3:30 PM ET)

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

Program Details:

  • Classroom/Workshop

Program Summary:

MBA Education’s School of Mortgage Banking III emphasizes long-term strategic planning in a mortgage-banking environment through an interactive, discussion-based, four-day session that includes an advanced computerized model-Advanced Interactive Mortgage Management (AIMM). Working in teams, students will develop a 5‐year strategic plan to bring a struggling mortgage company back to profitability while also positioning it for a strong future. Incorporating its vision for where the company can go economically, geographically, and technologically, each team will manage the company through eight quarters of varying economic conditions. The team’s strategic plan and the results of the computer simulation will be presented to the Board of Directors on the last day of the course.

Requirements for attending School of Mortgage Banking III Online:

  • Attendance to every session is required for completion. Sessions will not be recorded.
  • For final group presentations, webcams are strongly encouraged.

SOMB III concludes with a graduation ceremony on Friday awarding successful participants their AMP designation.

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 need complete SOMB II and pass the exam to enroll in SOMB III.

Those interested in School of Mortgage Banking III may also be interested in other MBA Leadership Programs (Future Leaders and the Certified Mortgage Banker (CMB) Designation).


  • Strategic Thinking
  • Risk Management Strategies
  • Leadership
  • Case Study and Team Simulation

Experience Level(s):

  • Intermediate
  • Advanced

Intended Audience:

  • Individuals interested in applying long-term strategic planning in a residential mortgage-banking environment
  • Individuals interested in obtaining the AMP or the CMB designation
  • Mortgage professionals in any role in the residential mortgage industry


  • The School of Mortgage Banking III is taught by a team of industry professionals considered thought leaders by MBA and other subject matter experts in mortgage lending.

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

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