||CPE Credit: 12 |
Course Level: Overview
During the global financial crisis, corrupt industry insiders, desperate homeowners and organized crime groups turned mortgage fraud into one of the biggest economic threats in recent history. As a result, many honest homeowners are facing declining property values, having difficulty obtaining financing from banks and even losing their homes.
Because mortgage fraud has become a significant factor in the health of our economy, anti-fraud professionals like you are needed to combat this global problem. In this course, learn to take a stand against mortgage fraud by exploring the history of the mortgage industry and its role in the recent financial crisis, examining the life cycle of a mortgage loan to identify potential areas for fraud and learning techniques to recognize red flags of common mortgage fraud schemes and methods for prevention.
You Will Learn How To:
Explain the evolution of the mortgage industry over the years and its impact on the economy
Recognize existing and emerging mortgage fraud schemes and common red flags for each
Analyze the life cycle of mortgage loans and all parties involved in the mortgage lending process
Recognize the three “C”s of the mortgage lending process and fraud schemes related to each
Identify legislation and other legal remedies used to combat mortgage fraud
Table of Contents
Field of study: Specialized Knowledge and Application
Last Updated: APril 2014
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Online CPE exam grading available for this course:
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Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.