US Mortgage - Learn Complete Life Cycle of Mortgage ProductionVijay_30071977
You might be wondering what is US Mortgage? Why it is important? What role it plays in US economy? Why it is important to learn about US Mortgage? Who should learn this domain? Why they should learn this domain? What is the complete life cycle of the Mortgage, right from Origination of the loan to selling the same loan in secondary market, who are the players involved? What all the processes involved? What all the consumer Affairs Laws & Regulations? And Key Terms and Concepts.
The US – Mortgage in a nutshell
Let’s understand What is US Mortgage in a nutshell? US Mortgage, in this course you going to essentially learn about what is US Mortgage Banking, what all the risks involved in mortgage banking, What all the different types of Mortgages available in market? As fundamentals of US Mortgage.
When it comes to Mortgage Production, you will learn about what all the different processes like Loan Origination, Processing, Underwriting, Closing & Funding. Each process again has multiple processes in order to make sure both borrower & lender are in compliance with federal laws.
Let’s see what we going to learn in Mortgage Servicing. This section of the course will talk about Loan servicing processes such as Cash Management, Investor Accounting & Reporting, Document Custodianship etc. Also, this section of the course will talk about Loan Servicing Players such as Loan Servicers, Trustees, Paying Agents, Primary Custodians, Primary Collateral Trustee etc.
Last section of this course is the more exciting one. This section will throw light on Mortgage Secondary Marketing, who are all players, How the Securitization process is structured? What all the government sponsored entities are involved in securitization process? Which are called private conduits and their role in secondary market.
So, who are target audiences? This course is meant for someone who wants to build their career as a business analyst, product owner/manager for Mortgage products, This course is for someone who is interested in Mortgage Business as an investor or financier, This course is meant for academicians who wants teach on US Mortgage domain, This course is prepared for all the people who works in the are of US Mortgage, but do not have complete understanding of how the mortgage is originated and finally sold in the secondary market. This course is intended for anyone who is in finance domain.
So, at the end of this lesson, you will be able to understand the whole process of Mortgage production right from origination to selling them in secondary market, you will be able to answer all the questions related to US Mortgage, if you are investor in mortgage business, you will be much comfortable in your decisions since the decision you make will be informed decisions. If you are a product owner for a mortgage product, you will be enhanced with additional knowledge of mortgage.
US Mortgage - Learn Complete Life Cycle of Mortgage ProductionVijay_30071977
You might be wondering what is US Mortgage? Why it is important? What role it plays in US economy? Why it is important to learn about US Mortgage? Who should learn this domain? Why they should learn this domain? What is the complete life cycle of the Mortgage, right from Origination of the loan to selling the same loan in secondary market, who are the players involved? What all the processes involved? What all the consumer Affairs Laws & Regulations? And Key Terms and Concepts.
The US – Mortgage in a nutshell
Let’s understand What is US Mortgage in a nutshell? US Mortgage, in this course you going to essentially learn about what is US Mortgage Banking, what all the risks involved in mortgage banking, What all the different types of Mortgages available in market? As fundamentals of US Mortgage.
When it comes to Mortgage Production, you will learn about what all the different processes like Loan Origination, Processing, Underwriting, Closing & Funding. Each process again has multiple processes in order to make sure both borrower & lender are in compliance with federal laws.
Let’s see what we going to learn in Mortgage Servicing. This section of the course will talk about Loan servicing processes such as Cash Management, Investor Accounting & Reporting, Document Custodianship etc. Also, this section of the course will talk about Loan Servicing Players such as Loan Servicers, Trustees, Paying Agents, Primary Custodians, Primary Collateral Trustee etc.
Last section of this course is the more exciting one. This section will throw light on Mortgage Secondary Marketing, who are all players, How the Securitization process is structured? What all the government sponsored entities are involved in securitization process? Which are called private conduits and their role in secondary market.
So, who are target audiences? This course is meant for someone who wants to build their career as a business analyst, product owner/manager for Mortgage products, This course is for someone who is interested in Mortgage Business as an investor or financier, This course is meant for academicians who wants teach on US Mortgage domain, This course is prepared for all the people who works in the are of US Mortgage, but do not have complete understanding of how the mortgage is originated and finally sold in the secondary market. This course is intended for anyone who is in finance domain.
So, at the end of this lesson, you will be able to understand the whole process of Mortgage production right from origination to selling them in secondary market, you will be able to answer all the questions related to US Mortgage, if you are investor in mortgage business, you will be much comfortable in your decisions since the decision you make will be informed decisions. If you are a product owner for a mortgage product, you will be enhanced with additional knowledge of mortgage.
How to Solve State Specific Compliance Issues for CTP LoansLandGorilla
Christina Jenkins, Attorney and Director of Customer Support, of MRG Docs shares her expertise on state-specific compliance issues lenders will face with one-time close construction loans.
A Right Approach For a Beneficial Home Loanmusunuruakhil
Awareness about the home loan products is very important for those who wish to seek a home loan. Failing to know or understand about these products may result in huge loss. You may end up in paying more to the bank in both principal and interest components. So a proper study on the products and services is a must to avoid such loses
LAC is proud to announce our newest service, Troubled Asset Solutions. As you know LAC has remained committed to diversifying, and continuing to create opportunities within the commercial real estate industry. In continuing this tradition, LAC has recently formed a strategic alliance with one of the premier real estate solutions providers in the country, 1st Service Solutions.
The Loan Agreement is the road map of most loans. Banks and lawyers start out with a Loan Agreement that is usually favorable to the Lender. Some parts of the Loan Agreement may be negotiable. This webinar will discuss the various provisions of a Loan Agreement and how to negotiate the negotiable provisions.
How to Solve State Specific Compliance Issues for CTP LoansLandGorilla
Christina Jenkins, Attorney and Director of Customer Support, of MRG Docs shares her expertise on state-specific compliance issues lenders will face with one-time close construction loans.
A Right Approach For a Beneficial Home Loanmusunuruakhil
Awareness about the home loan products is very important for those who wish to seek a home loan. Failing to know or understand about these products may result in huge loss. You may end up in paying more to the bank in both principal and interest components. So a proper study on the products and services is a must to avoid such loses
LAC is proud to announce our newest service, Troubled Asset Solutions. As you know LAC has remained committed to diversifying, and continuing to create opportunities within the commercial real estate industry. In continuing this tradition, LAC has recently formed a strategic alliance with one of the premier real estate solutions providers in the country, 1st Service Solutions.
The Loan Agreement is the road map of most loans. Banks and lawyers start out with a Loan Agreement that is usually favorable to the Lender. Some parts of the Loan Agreement may be negotiable. This webinar will discuss the various provisions of a Loan Agreement and how to negotiate the negotiable provisions.
This is a voice over of a PowerPoint presentation we did at the seminar we did for distressed homeowners in our Edmond Oklahoma office. We discussed all the options for avoiding foreclosure in the Oklahoma City area with more information that is available at our short sale website, www.avoidforeclosureoklahoma.com.
This slide hopefully will help homeowners who are distressed with their mortgage can find useful information. Our experienced short sale team can provide valuable information to help homeowners understand their options to avoiding foreclosure.
1. Real Estate Solutions of South Florida, Inc. 1-866-412-5269 [email_address] The Foreclosure Process and Homeowner Options Presented By: Russell Irizarry Short Sale Specialist Miami-Dade County, FL www.ShortSaleClinic.com
2. Disclaimer The content in this presentation is based upon our research, knowledge and experience. In no way is any information contained herein to be interpreted as legal or tax advice. To be assured of sound legal advice with regards to foreclosure, real estate, bankruptcy or agency laws, please employ the use of a competent legal or tax professional and/or your real estate broker. Please consult your broker, accountant and attorney, as appropriate, for advice specific to your situation. Although every effort is made to keep this presentation current and relevant, it is your responsibility to seek guidance from qualified professionals in order to keep up with rapidly changing market conditions and periodic changes to the law. Real Estate Solutions of South Florida, Inc. 1-866-412-5269 [email_address]
3. The Foreclosure Process The Foreclosure Process varies by State, and falls into two categories: Judicial, and Non-Judicial. Non-Judicial – foreclosure process happens without the courts. (full discussion is beyond the scope of this presentation) Judicial – foreclosure is processed though the courts, as in the state of FL. (For detailed information on the foreclosure process in Miami-Dade County, go to: www.miamidade.gov/foreclosure )
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8. Pre-Foreclosure Timeline NOTE : The above timeline is a general approximation and will vary by bank 1 st Missed payment 30 Days Late 60 Days Late 90 Days Late 120 Days Late Bank hires an Attorney 150 Days Late 180 Days Late 240 Days Late Bank Auctions property at Courthouse!! 210 Days Late Notice of Default Filed at County Court Final Summary Judgment Step 1 Step 2 Homeowner has more options (loan modification or re-finance ) Homeowner has less options
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21. Pre-Foreclosure Options 1. STAYING IN THE HOUSE A Final Note : All the above options for staying in the house have one thing in common – the homeowner MUST be in a position to make some sort of reasonable payment that is agreeable to the Bank, and make it on time every month. (A great website for finding out if you are eligible for any of the above options to keep your home is: http://www.makinghomeaffordable.gov/)
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30. Real Estate Solutions of South Florida, Inc. 1-866-412-5269 [email_address] End of Part I Also see the following videos on the Short Sale process: Part II - The Short Sale Process and What We Do Part III - Short Sales Frequently Asked Questions Contact Us today to discuss your options and for further information on the Short Sale Process www.ShortSaleClinic.com