Mortgage Servicing: Payment Crediting and Periodic Statements

$95.00

SKU: 10262 Category: Tag:

Description

Provides an understanding of payment posting requirements, rules related to handling partial and conforming payments, and payoff statement requirements. Describes information the periodic statement must contain related to payments, fees, transactions, contact information for the servicer and housing counselors, and statement timing, form, and content requirements.
What You’ll Learn
After completing this course, students will be able to:

  • Explain the requirements for prompt crediting of payments, partial payments, and payoff requests
  • Describe periodic statement requirements for special circumstances
  • Describe the content of a periodic statement
  • Explain when periodic statements are required and the coupon book exemption
  • Additional information

    Audience

    Anyone performing duties in consumer mortgage servicing areas who generate periodic statements and coupon books, and those responsible for payment processing.

    Credits

    1.0 CRCM

    Member Price

    95.00

    Non-Member Price

    130.00

    Course Number

    ABA

    Location

    Online Self-Paced

    Vendor

    ABA

    Course Code

    ABA

    Prerequisites

    None

    Day

    Online

    0
      0
      Your Cart
      Your cart is emptyReturn to Shop