Safe 7 hr-ce-18 module 4

1. Module 4: Ethics and Fraud Issues, Part 1

2. Module 4: Ethics and Fraud Issues, Part 1
4.1 What is Ethics?
 Business Ethics
 Professional Ethics and Conduct
 Professional Organizations
 National Association of Mortgage Brokers
 National Reverse Mortgage Lenders Association
 Volunteer Tri-State Best Practices Lending Committee

3. Module 4: Ethics and Fraud Issues, Part 1
4.2 Overview of Predatory Lending
 Characteristics of Predatory Lenders
 Characteristics of the Victims

4. Module 4: Ethics and Fraud Issues, Part 1
4.2 Overview of Predatory Lending
 Illegal Lending Practices
 Kickbacks & RESPA Violations
 Packing, Excessive Fees, and Padding
 Unfair Prepayment Penalties
 Loan Flipping
 Asset-Based Loan
 Phantom Help Scams
 Short Sale Scams
 Loan Modification Scams
 Mortgage Rescue Scams
 Equity Stripping

5. Module 4: Ethics and Fraud Issues, Part 1
4.3 CFPB Enforces Consumer Protection Laws
 CFPB Complaint Process
 Elements of a Response
 CFBP Office of Enforcement
 CFPB Office of Administrative Adjudication
 CFPB Civil Penalty Fund
 Bureau-Administered Redress

6. Module 4: Ethics and Fraud Issues, Part 1
4.3 CFPB Enforces Consumer Protection Laws
 CFPB Enforcement Actions
 Enforcement Action - False Advertising
 Deceptive Advertising Case Studies
 Enforcement Action - Redlining
 Redlining Case Studies
 Enforcement Action - Foreclosure Deceit
 Foreclosure Deceit Case Studies
 Enforcement Action - Steering