Training Agenda - Mastering Mortgage Fundamentals

Day 1

Morning Session
 8:00am  -  8:30am Registration
 8:30am  -  8:50am Orientation
 8:50am  - 10:00am History of the Mortgage Industry - Banks to Brokers
10:00am - 10:15am A Life of a Typical Loan - Application to Payoff
10:15am - 10:30am Morning Break
10:30pm - 11:00am A Life of a Typical Loan - Application to Payoff
(Cont.)
11:00am - 11:30am Who is FannieMae, FreddieMac, IndyMac & GennieMae?
11:30am - 11:45am Questions and Answers

Lunch - 11:45am - 1:00pm

Afternoon Session
1:00pm - 2:15pm Introduction to Terminology
2:15pm - 2:30pm Afternoon Break
2:30pm - 5:00pm Introduction to Basic Forms (1003, 1008, GFE, TIL, Transmittal Summary, etc)
5:00pm - 5:30pm Summary, Questions & Answers
5:30pm                  Class Dismissed

Day 2

Morning Session
 8:00am  - 10:15am Types of Loans - 30yr, 20yr, 15yr, ARMs, Libor, Government Loans - FHA, VA (Overview)
10:15am - 10:30am Morning Break
10:30pm - 11:30am Government Loans - FHA, VA (Forms)
11:30am - 11:45am Questions and Answers

Lunch - 11:45am - 1:00pm

Afternoon Session 1:00pm - 2:15pm Technology in the Industry - Where we are headed
2:15pm - 2:30pm Afternoon Break
2:30pm - 3:15pm Automated Underwriting & Point of Sale
3:15pm - 3:45pm Loan Origination Software & Interfaces (Credit, Docs, Contact Managers, etc.)
3:45pm - 4:00pm Summary, Questions & Answers
4:00pm                  Class Dismissed