RC_LA_DA_200.1 Working in Default Administration

Education Loan Administration & Servicing Residential Residential Certified Mortgage Servicer (RCMS) Self-Study Web-Based Courses
Share to
Option Price
Member $50.00
Non-Member $100.00

Working in Default Administration provides a high-level overview of concepts related to working in the default administration group within a typical mortgage servicing operation. It begins by describing the role of servicing within the lending process and the role of the default administration department within servicing. The course then presents a typical organizational structure for a default administration group and discusses the role of management within the group. Next, it looks at the skills sets required for success in default administration. Toward the end of the course, it provides an overview of the agencies, insurers, and guarantors that affect the way a default administration group conducts business. Finally, the course highlights the key laws that affect the way default administration operates.

This is a single-family/residential course.

Topics:

  • Default Administration in Mortgage Servicing
  • The Role of Default Administration
  • Organizational Structure of Default Administration
  • Management of Default Administration
  • Skill Sets in Default Administration
  • Responsibilities to Outside Entities
  • Regulation and Default Administration

     

    Seat time approximately 1.5 hours.

    Copyright 2023.

  • Pardon our Dust!

    MBA is conducting scheduled maintenance on our website beginning on the evening of October 4th through the weekend. During this time, you may experience disruptions as we make updates to our system. The following systems and functions will be impacted:

    • The ability to purchase products, register for meetings, or enroll in webinars or courses
    • The ability to view or make any updates to your account via MyMBA

    Thank you for your patience and for visiting MBA.org. OK