Explaining Loan Modifications

$105.00

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Description

The role of loan modifications and how they apply to various borrower circumstances is discussed. Learn to identify eligibility requirements and procedures for obtaining a loan modification and identify how to avoid falling victim to loan modification scams along with resources available for reporting.
Produced;by Ellie Mae/;AllRegs®

What You’ll Learn
After completing this course, students will be able to:

  • Identify the role of loan modifications within the mortgage lending industry
  • Share insight on how loan modifications apply to various borrower circumstances
  • Identify key components mortgage components such as DTI, LTV, and various mortgage terms
  • Define Loan Modification
  • Identify loan modification options
  • Apply loan modification options to homeowners
  • Identify fraudulent loan modification scams

Additional information

Audience

Loan Originators, Underwriters, Processors

Credits

n/a

Member Price

105.00

Non-Member Price

143.00

Course Number

ABA

Location

Online Self-Paced

Vendor

ABA

Course Code

ABA

Prerequisites

None

Day

Online

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