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Mortgage Servicing for Beginners
Loan Administration
Do you need help training your new employees?
Mortgage Servicing Training Manual includes:
• Mortgage Terminology - Explains words used in mortgage servicing every day such as mortgagor, mortgagee, investor, MBS pools, Servicer, GSE(s) and many more.
• History of Mortgage Banking - starts with the creation of the FHA in1934 and includes Fannie Mae, Freddie Mac, VA, PMIs, Ginnie Mae, MBS(s).
• The Loan Process - Covers the role of the buyer, seller, real estate agent, loan officer, appraiser, title company, FICO scores, title search – just to name a few.
• Loan Types - Explains, FHA, VA, Conventional and PMI loans and covers several loan programs.
• Loan Documents - Employees will learn the difference between the Deed of Trust and Mortgage and will learn about the Deed to the property and the Note.
• Mortgage Loan Servicing - The functions handled by a typical mortgage loan servicing department are explained.
• Federal Laws - Explains several federal laws affecting the mortgage banking industry.
• Amortization of the Loan - Explains how the loan amortizes and illustrates additional principal payments.
Benefits:
Save time - material is ready to use
Provide the training employees need
Give your employees the self confidence they need
Provide employees reference material
Employees may read the manual on their own and keep it at their desk
Trained employees are more productive
Price is $125.00 - includes postage and handling.
Information About the Authors is located on our About Us page.
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