MBA Education School of Mortgage Banking I & II in Birmingham Nov. 28-Dec. 1
MBA Education offers its popular School of Mortgage Banking Course I and II in Birmingham, Ala., Nov. 28-Dec. 1.
SOMB I: An Introduction to the Real Estate Finance Industry
School of Mortgage Banking I (SOMB I) is the introductory course that emphasizes interrelated roles of the departments within a residential mortgage banking firm and relationships of various institutions and agencies throughout the real estate finance industry. The course presents an overview of associated disciplines essential to a complete understanding of mortgage banking, including loss mitigation, predatory lending, capital markets, real estate law and regulation and real estate mathematics. At conclusion, attendees leave with a solid foundation, understanding the role and importance of the loan production, commercial lending, underwriting, secondary marketing, warehousing and servicing functions in the mortgage banking industry.
Objectives
SOMB I emphasizes the interrelated roles of departments 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, underwriting, secondary marketing, warehousing and servicing. It also presents an overview of associated disciplines essential to a complete understanding of mortgage banking, including loss mitigation, capital markets, nontraditional mortgage lending practices, fraud detection and quality assurance, regulatory compliance, real estate law and commercial lending.
To register, click https://store.mortgagebankers.org/ProductDetail.aspx?product_code=E2181814/REGIS.
For more information, click https://www.mba.org/store/events/school-of-mortgage-banking-i/school-of-mortgage-banking-i-november-2017-birminghamal.
SOMB II: Managing Profitability and Risk
School of Mortgage Banking II, Managing Profitability and Risk in Mortgage Banking, emphasizes effective organization and management of production, servicing and secondary marketing departments for controlling risks and maximizing bottom-line profits. This course covers developing new markets, production management, servicing portfolio management and valuation, marketing risk management and pricing strategy.
Who Should Attend
–Residential Mortgage Executives
–Loan Originators
–Management
–Underwriters
–Servicers
Students who are not working toward AMP designations do not need to complete SOMB I to enroll in SOMB II. Only students who intend to acquire their AMP designation need to first complete SOMB I and pass the exam.
To register, click https://store.mortgagebankers.org/ProductDetail.aspx?product_code=E2181813/REGIS.
For more information about SOMB II, click https://www.mba.org/store/events/somb2/school-of-mortgage-banking-ii-november-2017-birminghamal.
Both courses will be offered at law firm Bradley Arant Boult Cummings, One Federal Place, 1819 5th Avenue North Birmingham, AL 35203. Classes will meet from 8:00 a.m.-5:00 p.m. CT from Tuesday through Thursday and 8:00 a.m.-4:00 p.m. CT on Friday. A light breakfast will be served at 7:30 a.m. each day. Lunch will be served each day.
Hotel Registration Information
All registrants are responsible for making their own hotel accommodations. Click to see hotels in close proximity to the course location: https://www.google.com/maps/search/Hotels+near+1819+5th+Ave+North+Birmingham,+AL/@33.5094902,-86.8397341,13z/data=!4m5!2m4!5m3!5m2!1s2017-11-27!2i4.
MBA Education recommends you wait until after you receive our registration confirmation email before you make any travel arrangements. MBA assumes no liability for any penalty fees on airline tickets, deposits for hotel accommodations, or any other fees, charges, penalties, or other incidental costs that a registrant might incur. To review all of MBA Education policies, click https://www.mba.org/conferences-and-education/mba-education/about-mba-education/mba-education-policies.
