This class is provided by CampusMortgage®. The Servicing Payment Processing - "Complete Review” course will discuss the various correspondences and annual statements regulated by the Consumer Financial Protections Bureau (CFPB) that should be sent to the consumer as it relates to the life of the loan. We will also discuss Mortgage Insurance, fees related to non-payment and much more.

COURSE OUTLINE:

• Servicing payment processing overview
• Life Cycle of a Loan
• Documents as required by CFPB
• Annual Statements (1099/1099)
• Mortgage Insurance Overview
• Mortgage loan related fees
• Credit Reporting
• Loan Payoff review
• 10-Question Practice Quiz

Price - $199.99 Sale - $99.99

Course Instructor: Various Trainers