RC_LA_100.2 Loan Administration Concepts

Member Price: $49.00

Nonmember Price: $79.00

Product Code: DL2-011060-WC-W

Purchase

This is a single-family/residential course.

Loan administration (servicing) is a critical component of the lending cycle since it contributes so heavily to the overall profitability of mortgage banking.

Loan Administration Concepts takes a look at the critical concepts related to loan administration. It begins with an overview of the major goals, functions, and tasks of loan administration. It then examines the basic functions of loan administration and their associated tasks. Next, the course discusses the entities involved with loan administration: borrowers, investors, insurers, and outsource vendors. From there, the course examines the various loan programs and financing options that make up the loans in the servicing portfolio. Toward the end of the course, concepts related to the financial management of loan administration are examined. Finally, the course takes a quick look at some of the important laws that impact loan administration.

Topics:

  • Loan Administration Goals
  • Loan Administration Functions and Tasks
  • Entities Related to Loan Administration
  • Loan Programs
  • Financing Options
  • Financial Management in Loan Administration
  • Regulatory Compliance

    Seat time approximately one (1) hour.

    Copyright 2019.

  • Notes

    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course.

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