In-plant training available for minimum of 20 people.
UNDERSTANDING MORTGAGE BANKING BUSINESS
Day 1: Session A
Mortgage underwriting techniques
Origination of mortgage: - Origination and processing, Affordability analysis, Prequalification, customized loan plans
Mortgage lending operations:- International best practices
Servicing of mortgage loans: funding strategies, Delinquencies, Managing defaults, Foreclosures
Risk management in mortgage lending
Mortgage fundamentals: Collateral, Preapproval, Down payments, Lenders, Fixed Vs Adjustable, Loan term, Tax deductions, Secondary mortgages etc.
Session B
Managing Risk in Mortgage Origination
Measuring market and credit risk
Controlling risk in mortgage origination
Performance measurement analysis
Compliance and regulatory issues
Controlling operational risk
Day 2: Session A
Alternative Mortgage Instruments
How interest rates affect the housing market
Understanding the mortgage payment structure
Adjustable rate mortgages
Reverse mortgage
Growing equity mortgage
Rollover Loans
Graduated Payment Mortgages
Shared Appreciation Mortgages
Interest only mortgages
Session B:
Introduction to Securitization
Securitization
Why Securitize?
Different securitization structures
The role of securitization in mortgage lending
Securitization vs. Secondary market institutions
Banks & Bonds
