Loan Officer Training You Can Count On - The Loan Officer
Professor
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State-Mandated Loan Officer Training Just Isn't Enough When Your Neck
on The Line!
No wonder why we're seeing more and more good people go to prison
over mortgage fraud. While the government is tightening down on the
Mortgage Industry, you'd better be tightening down on your training!
Here's a story in recent headlines that you are probably aware of:
National Headlines from August 2009 - Last week, police in
Cleveland took down a that involved 41 people, 453 homes and $44
million in fraudulent loans. It may well be the largest mortgage fraud
case in U.S. history...
The state-required training does not teach you how to get the deal
in the first place, does not focus enough on undersatanding the
paperwork involved in a home loan, doesn't provide you the tips and
tricks to get the job done efficiently, and certainly does not have a
strenuous enough testing process to give Lenders "piece of mind".