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U.S. Residential Mortgage Business

7.5 hours on-demand video

$ 13.99

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Brief Introduction

A comprehensive US mortgage analysis. Covering all aspects of the residential mortgage industry in the US.

Description

In this course, we will cover everything you need to know to be knowledgeable about residential mortgages in the United States. We start with the most fundamental elements of the residential mortgage business (e.g., the important players, segments of the business key terminology that you need to know) and then jump right into unpackaging the consumer buying cycle and examine the lifecycle of a residential mortgage from origination and underwriting through to syndication and distribution. We spend time examining what goes into originating, servicing, and valuing a mortgage by examining the metrics that make up the loan process. We also examine the tools that help a financial institution or mortgage underwriting business make a sound credit worthiness decision, by exploring the credit report and the real estate appraisal. Finally, we demystify the mortgage securitization process so that you understand how a simple real estate loan is bundled with others to become a security which the underwriting organization can then package and resell into the market to recycle its capital.

This course contains nearly 30 modules in 3 sections and is structured so you have a clear awareness of how residential mortgages work in the real world:

U.S. Residential Mortgage Business and Process Fundamentals
U.S. Residential Mortgage Analysis: Bringing It All Together
Loan Management, Servicing and Securitization

This course's contents consist of videos for each section along with accompanying pdfs of each slide that outline the key elements to be covered, and then followed in each module that consist of a narrated presentation.

This program is one of the most highly rated mortgage courses available anywhere.

Requirements

Knowledge of the English language.

Knowledge

You'll be able to explain why people use mortgages today
You'll be able to list and discuss property types, and demonstrate the risks of each
You'll be able to identify key mortgage types and describe the audience and markets for each
You'll be able to describe the importance of mortgage loans and conditions, and their meanings
You'll be able to demonstrate the math behind mortgage pricing
You'll be able to learn the size and scope of the U.S. residential mortgage market
You'll be able to describe the key players in the mortgage industry, the functions and roles they have, and identify the phases of the mortgage life cycle
You'll learn about the risk and rewards of originating, servicing and securitizing mortgages
You'll learn about the mortgage life cycle from both the consumer's and the lender's POV
You'll learn about current and historical mortgage regulation
You'll learn about financial distress in mortgage, including early warning signs, foreclosure alternatives, and loss mitigation strategies
You'll learn about consumer mortgage lending
You'll learn about consumer mortgage lending, borrowe income analysis, and how to read and understand credit history and reports
You'll learn about mortgage metrics and be able to provide an overview of loan approvals and rejections
You'll learn about appraisal and asset valuation, and details of the appraisal process and walkthrough
You'll learn about titling and insurance; titling requirements and issues
You'll learn about loan servicing and servicing regulations
You'll be able to define securitization, and learn why financial institutions securitize mortgages
You'll be able to define securitization, learn why financial institutions securitize mortgages, and advantages and disadvantages of securitization to the issuer and investor
You'll be able to understand the entire MBS cycle, and rating agency involvement

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