SML Ethics
The 2-hour SML Ethics loan officer/mortgage broker course corresponds with the 28-hour Federal and State Regulatory Compliance for Loan Officers course. This loan officer/mortgage broker course will equip the student with the knowledge of the mortgage industry's laws, rules and regulations which govern behavior. This loan officer/mortgage broker course will also provide the student with information on how to respond to certain situations in a more effective, pro-active manner. A key point to remember about business ethics is that in spite of the codes of ethics, ethics programs and special compliance departments, corporations do not make ethical decisions. Individuals make ethical choices. Mortgage brokers should provide the environment or atmosphere for acting ethically, but it is the people of the business that put ethics into practice. Lastly, this course will provide the student with information to prevent ethical and legal lapses from ever occurring.
LOAN OFFICER COURSE OUTLINE:
Some of the topics covered in this Texas loan officer/mortgage broker course include:
- Ethics in Mortgage Lending
- Define Ethics
- TDSML Definition of Mortgage Fraud
- Mortgage Fraud
- Fannie Mae Mortgage Fraud Update
- Law Enforcement News
- Common Mortgage Fraud Schemes Defined
- Tips about Red Flags
- The Borrower's Bill of Rights
- Notice of Penalties for Making False or Misleading Statements
- Predatory Lending
Choose to be a Champion today!