Current Issues in Mortgage Lending

4 Clock Hours
C-5817

Current Issues in Lending: How to Get Your Loan Closed!

In this course we will discuss the most current news regarding the banking sector and understand why tighter underwriting guidelines will be in our future, the success (or not) of the Obama Administration’s plans to shore up the housing market, news about any recent local bank failures and what to do if you have a loan in process with that bank, and the new consumer protection rules just announced by the Federal Reserve.  Lenders have a brand new Good Faith Estimate to whine about and we have new, updated disclosure rules under the Truth in Lending Act. Bring on the changes!

In addition, Realtors will learn how to get their loans CLOSED. What are the most common reasons that transactions fail to close?  What kind of financing is available for homebuyers purchasing homes with deferred maintenance?  What kind of financing is available for condos? Jumbos? From Condos to REOs and everything in between, we will answer your toughest questions on how to get your loan closed in today’s challenging market.

Schedule of upcoming classes

This class is also approved for Realtor clock hours in the state of Idaho
Course Number: E0623-0608
Idaho Approval Expires June 30, 2010

“what a great way to brush up on my FHA knowledge. This was an interesting and enlightening class.  It was helpful to hear other Realtor’s perspectives on the overall picture of where we’re heading.”

“Many of the issues that were taught today were things that I had never really understood.  This class has given me an idea of where we are headed. PS. I am an Assoc Broker with 25 years in the industry.”

“This class will help me find new buyers for lower price range homes and will also help me consult with my current home seller clients in case the market continues sliding down. (Class date 8/12/08)”

“FHA loans will be the loans used by the majority of homebuyers in the next several years.  Education on this topic is going to help my buyers see a way to buy before interest rates jump up.”

“This class was very informative and pleasurable.  A ton of info, very well presented.”

“This class was fun, upbeat and informative.  I believe education is the key to success in today’s market and it’s vital to let my clients know that I am their trusted resource.  This class helped me achieve that goal. Thank you.”

“Really great class. Timely information, much of which I will utilize immediately. Not only was the subject matter interesting and informative but you are a great teacher.  Exellent energy!”