[SS Gen] Higher-Priced Mortgage Loans
Course Description
Higher-priced mortgage loans are a category of loans identified according to standards set forth under the federal Higher-Priced Mortgage Loan Rule (HPML Rule). The Rule imposes requirements and prohibitions for these mortgage loans.
This course will review thresholds for identifying HPMLs, requirements for origination, appraisal standards, prohibitions, and more.
20 Minutes
Series: Mortgage Lending
Roles: Mortgage Professionals, Operations & IT
Course Format: Online Self-Paced
Package: Breakthrough
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