The U.S. Residential Mortgage Business

A comprehensive overview and analysis, covering all aspects of the residential mortgage industry in the US.
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171 students enrolled
Instructed by Paul Siegel Business / Real Estate
$50
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  • Lectures 28
  • Contents Video: 7.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 3/2014 English

Course Description

In this course, we will cover everything you need to know to be knowledgeable about residential mortgages in the United States. We will look at the important players/departments in the space as well as Key Terminology that you need to know. We will spend some time unpackaging the consumer buying cycle and examine the life cycle of the Mortgage. In addition, we will spend some time examining what goes into originating, servicing and valuing a Mortgage by examining the metrics that make up the loan process. We will examine the tools that help a company make a sound credit worthiness decision, by exploring the Credit Report and the Real Estate Appraisal. Finally, we will demystify the Securitization process by looking at the process of Mortgage Securitization and its benefits.

The makeup of the course is as follows, containing nearly 30 modules over 3 sections:

  • U.S. Residential Mortgage Business and Process Fundamentals
  • U.S. Residential Mortgage Analysis: Bringing It All Together
  • Loan Management, Servicing and Securitization

This course's contents consists of a video introductions for each section, outlining the key elements to be covered, followed by each module, consisting of a narrated presentation.

What are the requirements?

  • Knowledge of the English language.

What am I going to get from this course?

  • You'll be able to explain why people use mortgages today
  • You'll be able to list and discuss property types, and demonstrate the risks of each
  • You'll be able to identify key mortgage types and describe the audience and markets for each
  • You'll be able to describe the importance of mortgage loans and conditions, and their meanings
  • You'll be able to demonstrate the math behind mortgage pricing
  • You'll be able to learn the size and scope of the U.S. residential mortgage market
  • You'll be able to describe the key players in the mortgage industry, the functions and roles they have, and identify the phases of the mortgage life cycle
  • You'll learn about the risk and rewards of originating, servicing and securitizing mortgages
  • You'll learn about the mortgage life cycle from both the consumer's and the lender's POV
  • You'll learn about current and historical mortgage regulation
  • You'll learn about financial distress in mortgage, including early warning signs, foreclosure alternatives, and loss mitigation strategies
  • You'll learn about consumer mortgage lending
  • You'll learn about consumer mortgage lending, borrowe income analysis, and how to read and understand credit history and reports
  • You'll learn about mortgage metrics and be able to provide an overview of loan approvals and rejections
  • You'll learn about appraisal and asset valuation, and details of the appraisal process and walkthrough
  • You'll learn about titling and insurance; titling requirements and issues
  • You'll learn about loan servicing and servicing regulations
  • You'll be able to define securitization, and learn why financial institutions securitize mortgages
  • You'll be able to define securitization, learn why financial institutions securitize mortgages, and advantages and disadvantages of securitization to the issuer and investor
  • You'll be able to understand the entire MBS cycle, and rating agency involvement

What is the target audience?

  • All levels of audience are encouraged to participate in this course.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: U.S. Residential Mortgage Business and Process Fundamentals
03:32

Instructor Russ Faulkner introduces the U.S. Residential Mortgage Business and discusses key elements of the first section within this course.

41:58

Instructor Russ Faulkner provides an overview of reseidential mortgages.

10:56

Instructor Russ Faulkner discusses various types of residential properties.

34:27

Instructor Russ Faulkner discusses the types of mortgage loans.

17:33

Instructor Russ Faulkner describes the typical terms and conditions on a mortgage,

23:47

Instructor Russ Faulkner provides an overview of the math used in mortgages.

19:04

Instructor Russ Faulkner discusses the size and scope of the residential mortgage market.

15:37

Instructor Russ Faulkner describes the key players in the mortgage business.

10:26

Instructor Russ Faulkner identifies risks and rewards across the mortgage life cycle.

25:38

Instructor Russ Faulkner discusses the mortgage life cycle from a consumer's point of view.

08:37

Instructor Russ Faulkner discusses the mortgage life cycle from a lender's point of view.

18:31

Instructor Russ Faulkner looks at regulatory oversight and evolution of the residential mortgage business.

20:00

Instructor Russ Faulkner discusses financial distress and foreclosure avoidance.

Section 2: U.S. Residential Mortgage Analysis: Bringing It All Together
03:31

Instructor Russ Faulkner introduces the next section and breaks down the key items to be discussed.

20:27

Instructor Russ Faulkner discusses financial, credit and loan analysis.

10:45

Instructor Russ Faulkner discusses the income analysis of a borrower.

10:55

Instructor Russ Faulkner demonstrates credit history and reports.

13:27

Instructor Russ Faulkner discusses the topic of credit report analysis.

11:17

Instructor Russ Faulkner discusses mortgage metrics and decisioning.

10:56

Instructor Russ Faulkner discusses appraisal and asset valuation.

14:48

Instructor Russ Faulkner details appraisal and the walkthrough process.

12:14

Instructor Russ Faulkner discusses title and title insurance.

Section 3: Loan Management, Servicing and Securitization
01:51

Instructor Russ Faulkner introduces the final section on loan management and identifies the topics to be discussed.

31:47

Instructor Russ Faulkner discusses loan servicing.

19:51

Instructor Russ Faulkner demystifies the concept of securitization.

09:00

Instructor Russ Faulkner discusses securitization for the issue and investor.

08:23

Instructor Russ Faulkner goes over the life cycle of mortgage backed securities.

06:34

Instructor Russ Faulkner discusses the involvement of rating agencies in mortgage backed securities.

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Instructor Biography

Paul Siegel, Education you can bank on

We deliver superlative, hands-on and practical corporate and investment banking education that you can use immediately in your job, or that next great job you are looking to start. We focus on making complex subjects readily understandable and usable. If you want to take a great leap forward in your finance career, we are here to make that happen.

Our instructors are practitioners who have worked in the field of finance. They relate the subjects covered to real work situations you will encounter in your banking job. So, the concepts are real, the coverage is at the right level of depth, and the material is easy to absorb.

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