CFTEA

Mortgage Fraud and Ethical Behavior

$109.00

Mortgage fraud costs lenders and consumers alike billions of dollars each year. These losses ultimately result in higher costs for potential homeowners and the need for tougher regulation and control over the industry to prevent further loss. Ethical principles are a vital part of avoiding fraud and ensuring that consumers are protected.

This course will review important information about mortgage fraud, as well as the importance of maintaining ethical principles in conducting loan origination activities.

SKU: 9612 Category:

Description

Mortgage fraud costs lenders and consumers alike billions of dollars each year. These losses ultimately result in higher costs for potential homeowners and the need for tougher regulation and control over the industry to prevent further loss. Ethical principles are a vital part of avoiding fraud and ensuring that consumers are protected.

This course will review important information about mortgage fraud, as well as the importance of maintaining ethical principles in conducting loan origination activities.

This course includes the topics:

  • National Mortgage News

  • How Consumers are Affected by Mortgage Fraud

  • Types of Mortgage Fraud

  • Fraud for Profit

  • Case Studies

  • Fraud for Housing

  • CFPB Sues Repeat Offenders

  • Mortgage Fraud and Federal Regulators

  • Ethical Behavior: Roles and Responsibilities

  • Participants in the Loan Process

  • Real Estate Professionals

  • Mortgage Loan Originators

  • Lenders and Brokers

  • Loan Processors

  • Appraisers

  • Underwriters

  • Investors

  • Code of Ethics

  • Mortgage Fraud Brief

  • Resources

Code: C6100SP
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