Public Course Delivery Method: Classroom Course
Duration of Course: 3 days
Special Curriculum Application: This course fulfills a requirement for CampusMBA's Residential Certified Mortgage Servicer (CMS) Designation.

About this Course

The School of Mortgage Servicing reviews mortgage servicing functions and the potential risks of not applying appropriate processes. The themes covered range from loan and default administration to financial controls and investor administration. The school walks you through considerations for establishing strategy and managing your risk. In addition to the presentation of materials, an assessment will be delivered at the end of the school.

At the end of the course, students will be able to:

• Understand the servicer's role in mortgage banking
• Differentiate between characteristics of various loan products in the mortgage industry
• Understand the various roles and responsibilities engaged in the life cycle of mortgage servicing
• Identify the functional areas involved in the realm of default administration
• Demonstrate a strategy for deployment of processes for servicing
• Develop skills to aid in managing vendors, investor administration, and financial controls
• Understand the role quality control and regulatory compliance play in mortgage servicing
• Assess risks to the organization and identify methods of mitigation
• Discuss current issues in the mortgage servicing arena

Who Should Attend

The School of Mortgage Servicing is designed for servicers, risk managers, auditors, quality control officers, liquidators, and compliance officers.

About CampusMBA Servicing Resource Center: School of Mortgage Servicing is part of CampusMBA's deep collection of educational resources for residential loan servicers. With more than 60 products and resources addressing this important piece of the loan process, CampusMBA strives to help you improve performance and positively impact a company's competitive advantage. Visit campusmba.org/servicing for an interactive listing of current products.

Successful completion of this event will earn the participant 6 points toward MBA's Certified Mortgage Banker (CMB) Designation. Attendees of this event will also earn six points and fulfill a requirement for MBA's Certified Mortgage Servicer (CMS) designation.