School of Mortgage Banking I: August 2025: Online
| By June 23, 2025 | After June 23, 2025 | |
|---|---|---|
| Member Price | $1,650.00 | $1,850.00 |
| Non-Member Price | $2,500.00 | $2,800.00 |
About the Event
MBA Education’s School of Mortgage Banking I emphasizes the interrelated roles of the functions within a residential mortgage banking firm and the relationships of the various institutions and agencies throughout the real estate finance industry. This course provides a foundation in residential loan production, secondary marketing, warehouse lending and servicing. It also presents an overview of associated disciplines essential to a complete understanding of mortgage banking, including ethics, regulatory compliance, real estate law, loan products, quality assurance, quality control and fraud detection.
Note: Students who intend to acquire their AMP designation need to first complete SOMB I and pass the exam, then complete SOMB II and pass the exam. Students who are not working toward AMP designations do not need complete SOMB I to enroll in SOMB II.
Topics:
- Introduction to Mortgage Banking
- Ethics
- Loan Products
- Loan Production
- Regulatory Compliance
- Laws Affecting the Mortgagee’s Interest in Property
- Quality Assurance, Quality Control, and Fraud Detection
- Loan Servicing
- Warehouse Lending
- Secondary Marketing
Program Details:
- Classroom/Workshop (Virtual)
Instructors:
- Each session of the School of Mortgage Banking I is taught by an industry professional considered a thought leader by MBA and other subject matter experts in that area of mortgage lending. Click to read about MBA's School of Mortgage Banking I instructors.
Experience Level(s):
- Entry-Level
- Intermediate
Intended Audience:
- Individuals interested in an overview of all areas the residential mortgage lending industry
- Individuals interested in obtaining the AMP or the CMB designation
- Mortgage professionals in any role in the residential mortgage industry
Program Times:
Week 1:
- Monday, August 4 (1:00 - 3:30 PM ET)
- Tuesday, August 5 (1:00 - 3:30 PM ET)
- Wednesday, August 6 (1:00 - 3:30 PM ET)
- Thursday, August 7 (1:00 - 3:30 PM ET)
Week 2:
- Monday, August 11 (1:00 - 3:30 PM ET)
- Tuesday, August 12 (1:00 - 3:30 PM ET)
- Wednesday, August 13 (1:00 - 3:30 PM ET)
- Thursday, August 14 (1:00 - 3:30 PM ET)
Week 3:
- Monday, August 18 (1:00 - 3:30 PM ET)
- Tuesday, August 19 (1:00 - 3:30 PM ET)
- Wednesday, August 20 (1:00 - 3:30 PM ET)
- Thursday, August 21 (1:00 - 3:30 PM ET)
Week 4:
- Monday, August 25 (1:00 - 3:30 PM ET)
- Tuesday, August 26 (1:00 - 3:30 PM ET)
- Wednesday, August 27 (1:00 - 3:30 PM ET)
- Thursday, August 28 (1:00 - 3:30 PM ET)
** Sessions may vary in duration depending on the subject matter**
Scholarship Availability & Discounts:
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MBA’s Path to Diversity Scholarship is designed to support employees from diverse and traditionally under-represented backgrounds to advance their professional growth and career development by receiving up to $2,000 in education funds. Learn more and apply at mba.org/pathtodiversity.
Your organization can get two complimentary seats to this class with an Education Advantage subscription! Contact Kathy Ryan to learn more about Education Advantage!