CSBS BAI Course Catalog

Mortgage Basics: Laws and Regulations 40 minutes This course provides an overview of the various laws and regulations that affect the mortgage lending process. The course introduces learners to the Community Reinvestment Act, Home Mortgage Disclosure Act, Equal Credit Opportunity Act, Fair Housing Act, Truth in Lending Act, Real Estate Settlement Procedures Act, Flood Disaster Protect Act, and Homeowners Protection Act. The course is recommended for all employees, especially mortgage lenders. 45 minutes Recommended for mortgage lenders, this course introduces learners to principles of government-insured vs. conventional loans, and surveys specific mortgage loan products. The course covers key loan documents, with emphasis on mortgages, deeds of trust, and promissory notes. Learners will discover the various costs associated with purchasing a home and obtaining a residential mortgage loan, as well as how to calculate loan to-value ratios, simple interest, and amortization amounts. 60 minutes Upon completion of this course, recommended for all mortgage lending personnel, employees will be able to identify key features of a loan application and determine which types of documentation must be collected after an application is received. Also, employees will learn the two parts of the underwriting process, including how to calculate the debt-to-Income ratio. Rounding out the last steps of the mortgage lending process, employees will learn proper loan closing procedures and recognize a lender’s responsibilities for loan servicing. 45 minutes This course, recommended for lending personnel, is designed to provide the general guidelines of the under writing process. The learner will be able to recognize the laws that affect underwriting, determine how the secondary mortgage market affects the availability of funds for mortgage loans, identify the process for underwriting mortgage loans, and recognize the role that technology plays in underwriting mortgage loans. Mortgage Basics: Products, Documents, and Costs The Mortgage Lending Process Underwriting Residential Mortgage Loans

Mortgage Origination

Mortgage Origination: The Loan Estimate 40 minutes This course, intended for individuals responsible for discussing and/or completing Loan Estimate forms, provides an overview of the Loan Estimate, its key fields and timing requirements, and its impact on the Closings Disclosure. This course includes: TRID, TILA, RESPA.

Predatory Lending

Predatory Lending Awareness 30 minutes This course, intended for all lending personnel, will help you to differentiate between good subprime lending and predatory lending, determine the risks predatory lending poses to financial institutions, recognize how to help your financial institution avoid predatory lending, and identify the most common predatory lending practices.

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