did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

We're the #1 textbook rental company. Let us show you why.

9780538739597

California Mortgage Loan Brokering and Lending

by
  • ISBN13:

    9780538739597

  • ISBN10:

    0538739592

  • Edition: 4th
  • Format: Paperback
  • Copyright: 2010-07-22
  • Publisher: Oncourse Learning
  • Purchase Benefits
  • Free Shipping Icon Free Shipping On Orders Over $35!
    Your order must be $35 or more to qualify for free economy shipping. Bulk sales, PO's, Marketplace items, eBooks and apparel do not qualify for this offer.
  • eCampus.com Logo Get Rewarded for Ordering Your Textbooks! Enroll Now
  • Write a Review Icon Write a Review
List Price: $90.95

Summary

Completely updated, this edition incorporates the SAFE Act and its impact on mortgage brokers along with other significant changes seen in the mortgage loan industry since the real estate meltdown that started in 2008. New state and federal regulations are addressed and financial information reflects current market data. The overall loan process is covered along with discussions of the mortgage loan business giving a broad overview of career opportunities in this competitive industry. Ideal for real estate licensees, individuals seeking to enter the mortgage loan business, and those already actively working in the industry, this text covers key topics including appraisal, credit agencies, title and escrow, and computer programs used in the mortgage loan industry. Important legal concepts are covered to meet state course requirements in addition to up-to-date coverage of new industry requirements like the FNMA 1003 loan application form and new appraisal requirements to comply with URAR-FNMA 1005 form. This text remains the authority on current standards of professional practices that meet the goal of consumer protection for the public.

Table of Contents

Scope of the Business
Scope of Mortgage Loan Brokerage
Sources of Business
Loans
Loans: Conventional
Loans: Government
Loans: Financial Disclosure and Other Real Estate Disclosures
Processing
Processing: Pre-Qualification and Loan Application
Processing: Credit & Disclosures
Processing: Verifications & Stacking Order
Processing: Appraisal, Title and Settlement
Processing: Underwriting & Quality Control
Processing: Documents, Funding & Closing
The Secondary Money Market
Shipping & Servicing
Regulations & Operations
The Business Operations, Lending Practices and Department Of Corporations
California Department of Real Estate (DRE) License Activity for Loan Agents
Math and Trust Funds for the Loan Agent
Loan Application FNMA Form 1003 - (English and Spanish)
Credit Report
Verifications
Sale Escrow Instructions
Appraisal Report
Preliminary Title Report
Loan Documents
Employment Forms
Wholesale Brokerage Agreements
Internet Web Sites
Glossary of Terms
Index
Table of Contents provided by Publisher. All Rights Reserved.

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Rewards Program