This class reviews the 4 basic procedures in each real estate loan. It reviews how applicants are qualified, ATR& Dodd Frank; what items are looked at, and the increasing dominance of artificial intelligence. The class looks at the collateral and how it is valued. It discusses title work, the types and value it plays in real estate and loan closings. It examines the issue of loan servicing and concludes with a discussion of the assignment and delivery of the closed loan.
Instructor: Dennis Radecky, Third Federal Savings & Loan
Sponsor: Third Federal Savings & Loan
CEU: 3.0Event Registration