CSBS BAI Course Catalog

Mortgage Lending

Delinquency & Foreclosure

Mortgage Servicing: Delinquent Borrowers 20 minutes This course provides an overview of how and when contact must be made with a delinquent borrower, including early intervention exemptions and continuity of contact requirements. This course includes: RESPA. 25 minutes Before financial institutions foreclose on a property, they should carefully consider the risks that come with taking ownership of a property. This interactive course describes the responsibilities the institution will have as a property owner and addresses key areas of a proper file that will enable the institution to anticipate possible borrower objections to the foreclosure and determine if the institution should proceed with foreclosure on a property. 30 minutes This course provides an overview of loss mitigation and foreclosure, including when and how to handle loss mitigation applications and loan modification applications, what loss mitigation rules that apply to servicing transfers, and what the responsibilities of servicers are regarding potential and confirmed successors. This course includes: RESPA. Home Equity 25 minutes This course, intended for employees who are involved in advertising home equity products, outlines the Truth in Lending Act's unique requirements for advertising open-end and closed-end consumer credit products. Mortgage Closing 40 minutes In this course, front-office mortgage lending personnel will learn how to collect the applicants identifying information and documentation, in accordance with the Customer Identification Program (CIP) and Fair Lending guidelines. Regulations addressed in this course include Regulation Z (TILA), Regulation B (ECOA), the Bank Secrecy Act (BSA), and the USA PATRIOT Act. 15 minutes Intended for mortgage loan closing personnel, this course addresses how to identify fraud and suspicious activity as required by the Bank Secrecy Act (BSA). It also outlines the requirements for OFAC compliance. Preparing for Foreclosure Mortgage Servicing: Loss Mitigation and Foreclosure Advertising: Home Equity Loans and Lines of Credit Mortgage Closing: BSA and Collecting Information for the Application Mortgage Closing: BSA and Suspicious Activity

85