Bad Loans - Predatory and Fraud

Includes: Certificate of Completion

Duration: 3 Hour(s) | Language: English

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ADDITIONAL 15% OFF ANY CE REAL ESTATE COURSE AT CHECKOUT

Use Code: NYNC15 at checkout

About this Course

Bad Loans will delve into predatory lending practices and common mortgage fraud schemes. Students will learn to identify and avoid predatory lenders' and fraud perpetrators' tactics. The course examines the lines on mortgage forms, good faith estimates, fees, discounts, prepayment penalties, and how these items are used by predatory lenders. This course also features valuable information about dealing with issues such as late charges, tax reserves, property insurance, foreclosures, and note modification. Then students will explore popular mortgage fraud schemes and examples from real cases. Fraud tools such as flipping, straw sellers and buyers, “No Doc” loans, silent second mortgages, and false money will also be discussed.

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CERTIFIED COURSE
$30.00

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