Due to recent law changes this state-approved course must be completed by December 31, 2009! Mortgage lending practices came under close scrutiny by federal and state governing agencies in recent years. Tighter guidelines to protect consumers resulted, along with larger penalties for violators. This course analyzes motivations for and how to recognize fraud schemes and predatory lending practices. Flipping, equity skimming and fraudulent schemes used by mortgage brokers, real estate agents, appraisers and builders are highlighted. Proactive steps to take to reduce the possibilities of fraud in the industry are provided.
Convenient for home or office study! Chapter reviews help focus on important terms and concepts. Frequent quizzes reinforce the material. Case studies help you understand complex concepts.
