75Â Results
-
A Borrower's Right to Privacy in a Mortgage Transaction
This course will review a borrower's right to privacy and the privacy expectations for various aspects of mortgage transactions.60 Minutes -
A Borrower's Right to Privacy in a Mortgage Transaction - E3
Privacy rights are a significant concern for mortgage professionals who are involved in the solicitation, origination, processing, closing and servicing of mortgage loans. Multiple laws protect the privacy of borrowers, and violation of these laws can result in serious liability. This course reviews the privacy laws that protect borrowers from the time they receive a solicitation for a mortgage loan until their loans are repaid. It also discusses the actions that are necessary to maintain compliance with privacy laws, which are an ongoing concern for mortgage professionals.30 Minutes -
Appraisal and Evaluation Interagency Guidelines
This course provides an overview of the appraisal and evaluation guidelines developed for all the federal financial institution bank, savings bank and credit union regulators.30 Minutes -
Beneficial Ownership - E3
This course explores the requirements of the customer due diligence rule (CDD Rule) issued by the Financial Crimes Enforcement Network (FinCEN) and explains the rule, the concept of legal entity owners, and how to identify and document beneficial owners.30 Minutes -
Collection Practices and Loan Workouts
This course provides an overview of responsibilities of the collection department. It explains the use of letter and telephone collection techniques. Lastly, it explains repossessions, foreclosures, loan workouts, and bankruptcy.60 Minutes -
Commercial Lending: Cash Flow and Underwriting - E3
This course provides an overview of key steps in underwriting a commercial loan. It also discusses the importance of cash flow analysis in underwriting, how to construct a cash flow analysis, and how to interpret the cash flow statement.45 Minutes -
Commercial Lending: Collateral - E3
This course provides an overview of collateral and how it is used in commercial loans, including an explanation of acceptable collateral types and information needed to verify collateral in commercial loans. There are five key types of collateral for commercial lending: cash, real property, unpaid invoice (less common), inventory, and blanket liens (less common). Understanding the types of collateral helps borrowers determine the best choice for the situation. This course will teach commercial lenders how to analyze collateral for loan security and approval.40 Minutes -
Commercial Lending: Fair Lending & Other Concerns “ E3
This course provides an overview of the Fair Lending laws and other regulatory concerns, including the Equal Credit Opportunity Act, Truth in Lending Act, Fair Credit Reporting Act, Service Members Relief Act, UDAAP, Regulation O, and the Community Reinvestment Act. The course also provides an overview of the categories of discrimination.15 Minutes -
Consumer Credit Products
This course covers key features and benefits of installment loans, home equity loans and lines of credit, and credit cards. It also reviews credit concepts such as closed-end (those that offer one-time borrowing) and open-end (those that offer ongoing-borrowing credit products). Finally, the course covers various value-added products and services that are available with consumer credit products. Note: The course does not cover business loans or traditional first mortgage loans.90 Minutes -
Consumer Installment Loan Compliance Overview
This course introduces you to consumer installment loans and the rules regulating them. You will learn about the relationship between the laws governing these loans, and your institution's role in handling such loan applications.60 Minutes
