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Introduction to the Mortgage Industry 35 min
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Course Completion
Introduction to the Mortgage Industry
A History of Mortgage Banking and Understanding of a Loan File
Designed for new personnel, those new to the mortgage industry or individuals who need a refresher on: Industry Terms, Evolution of the Mortgage Industry, Characteristics of Different Types of Lenders, What is the Secondary Market and Types of Mortgage Related Income
Learning Objectives: Understand the history of mortgage banking; understand the different roles of mortgage professionals. Have a general understanding of a loan file from start to post closing.
Recommended Prerequisites: None