WA DFI Approved Classes
Current Topics in the Mortgage Industry 2009 3 hours (approved, WA DFI)
This course covers the present state of the mortgage industry and the current topics being discussed on the Federal and State levels as well as within community based organizations and the industry in general.
This course includes an update of pertinent state and federal laws and regulations as well as additional laws and regulation that are under consideration and their impact on members of the mortgage industry.
Ethical Practices in Lending (approved WA, DFI)
This class meets the CE requirements of the S.A.F.E Act for annual ethics education. Ethics in the Mortgage Industry is designed to promote increased professionalism and help create an ethical structure that will assist in gaining and maintaining consumer confidence. Ethics in the Mortgage Industry examines the basic concept of ethics and the decision making process in relation to business judgment and practice. Real world examples are reviewed, processes identified and tools are provided so that the mortgage professional can to utilize them in their everyday practice. Some of the Topics we explore are:
• Why Ethics and the need for it
• Ethics in a Historical Context
• Definitions of Ethics
• Personal Values and Decision-Making
• Corporate/Business Ethics
• NAMB Code of Ethics and Related Industry Ethical Codes
• Difference Between Law and Ethics
• Approaches to Ethical Decision Making
• Ethics of Disclosure throughout Loan Origination
• Solving Ethical Problems Related to Loan Transaction Decisions
Fraud in the Mortgage Industry 3 Hour CE (Approved WA DFI / MEAA)
Learn what constitutes mortgage fraud, how to recognize it, how to avoid it and what your customers should know. This class covers types of mortgage fraud, predatory lending, who is hurt by fraud, impacts of the curent economy and how to prevent fraud. The class also covers many common scams in the market. Learn to protect your client and get your CE’s at the same time.
Loss Mitigation – Saving the American Dream 3 hours (approved WA DFI(MEAA) &DOL)
This course provides Real Estate Agents and Loan originators with essential information on how to guide their clients when the equity in their home is at risk. The focus is to help the client help themselves. This course covers communication, renegotiation and short sales, and includes new programs that are in effect as of October 1, 2008. The agent will learn how to help their clients understand their options and how to communicate with their lender in a positive and effective way.
The class includes a sample consumer presentation for use in group or one to one client presentations.
Online Virtual U
WA Mortgage CE 2-Course Package #1
This package contains the following courses
- Liens, Taxes, and Foreclosures
- Real Estate Appraisal
WA Mortgage CE 2-Course Package #2
This package contains the following courses
- Titles and Records
- Real Estate Appraisal
