School of Mortgage Banking I (Online) Starts Oct. 7
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About the Event
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.
Topics:
Introduction to Mortgage Banking
Ethics
Loan Products
Loan Production
Regulatory Compliance
Laws Affecting the Mortgagee’s Interest in Property
Quality Assurance, Quality Control, and Fraud Detection
Loan Servicing
Secondary Marketing
Warehouse Lending
Program Details:
Classroom/Workshop (Virtual)
Instructors:
Each session of the School of Mortgage Banking I is taught by an industry professional considered a thought leader by MBA and other subject matter experts in that area of mortgage lending. Click to read about MBA’s School of Mortgage Banking I instructors.
Experience Levels:
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
Program Times:
Week 1:
Tuesday, October 7 (11:00 AM – 1:30 PM ET)
Wednesday, October 8 (11:00 AM – 1:30 PM ET)
Thursday, October 9 (11:00 AM – 1:30 PM ET)
Friday, October 10 (11:00 AM – 1:30 PM ET)
Week 2:
Tuesday, October 14 (11:00 AM – 1:30 PM ET)
Wednesday, October 15 (11:00 AM – 1:30 PM ET)
Thursday, October 16 (11:00 AM – 1:30 PM ET)
Friday, October 17 (11:00 AM – 1:30 PM ET)
Week 3:
Tuesday, October 28 (11:00 AM – 1:30 PM ET)
Wednesday, October 29 (11:00 AM – 1:30 PM ET)
Thursday, October 30 (11:00 AM – 1:30 PM ET)
Friday, October 31 (11:00 AM – 1:30 PM ET)
Week 4:
Tuesday, November 4 (11:00 AM – 1:30 PM ET)
Wednesday, November 5 (11:00 AM – 1:30 PM ET)
Thursday, November 6 (11:00 AM – 1:30 PM ET)
Friday, November 7 (11:00 AM – 1:30 PM ET)
** Sessions may vary in duration depending on the subject matter**
