U.S. Residential Real Estate, Property & Mortgage Business
Last updated 5/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 3.46 GB | Duration: 7h 18m
Property & Mortgage Underwriting | Loan Processing | Financial Analysis | Mortgage Operations | Origination
Property & Mortgage Underwriting | Loan Processing | Financial Analysis | Mortgage Operations | Origination
What you'll learn
Describe the real estate mortgage market, including how and why people finance properties with mortgages.
Explain the size and scope of the U.S. residential mortgage market.
List and discuss roles of the key players in the mortgage industry and the functions and roles they have.
Apply current and historic mortgage regulations to financial and credit underwriting of mortgage loans
Identify key mortgage types and describe the audience and markets for each.
Delineate the various residential property types, and the risks each has to the mortgage lender.
Articulate the financial and business terms and conditions related to mortgages, as well as the full meaning and importance of each.
Explain the full consumer mortgage underwriting lifecycle from the consumer, originator, underwriter and financier POVs, and each step along the way.
Conduct a borrower income analysis, read and understand credit history and reports, and evaluate the credit worthiness of a borrower.
Evaluate appraisals and asset valuations, and the appraisals and the appraisal process.
Explain titling and insurance, titling requirements and related title issues.
Use (and not be afraid of) the math, rates and calculations behind mortgage pricing.
Discuss mortgage metrics and be able to provide an overview of loan approvals and rejections.
Identify financial distress in mortgages, including early warning signs, foreclosure alternatives, and loss mitigation strategies.
You'll learn about loan servicing and servicing regulations.
Define securitization, learn why financial institutions securitize mortgages, and advantages and disadvantages of securitization to the issuer and investor.
Describe the mortgage securitization process, from origination, to packaging and to servicing a securitized portfolio of mortgages.
Understand what a mortgage backed security (MBS) is, how rating agencies are involved in evaluating MBS securitizations, and appreciate the complexities.
Requirements
Knowledge of the English language.
Description
The United States residential real estate market is enormous comprising a value of over $8.5 trillion in property and projected to grow at approximately 9% per year through 2027. At any given time, over 1 million housing units are for sale with an average sale price of over $300,000, or total transaction volume annually well in excess of $300 billion. In a market as large as this, understanding the details of how the U.S. residential real estate market works is essential for any professional working in this spaceThis course covers what you will need to know to function effectively in the real estate business, whether as a banker, financier, underwriter, property manager, investor, operations professional or other person working in the field. This course was written by Paul Siegel and delivered by Russ Faulkner in collaboration to ensure you have everything you need to know to be knowledgeable about residential real estate and mortgages in the United States. Paul was active as an investment banker and was involved in the financing of over $1 billion of real property in the U.S.; and, Russ, worked for one of the largest global banks delivering top-notch training to employees and consultants worldwide.This program is one of the most highly rated real estate and mortgage courses available anywhere. It has been used by the world's largest financial institutions and technology companies to train their staff on what the U.S. residential real estate and mortgage markets are all about. * * * * * Building from the ground up (pun intended), we cover the most essential elements of the residential real estate and mortgage business (e.g., the important players, segments of the business key terminology that you need to know) and then jump right into unpackaging the consumer buying cycle and examine the lifecycle of a residential mortgage from origination and underwriting through to syndication and distribution. We spend time examining what goes into originating, servicing, and valuing a mortgage by examining the metrics that make up the loan process. We also examine the tools that help a financial institution or mortgage underwriting business make a sound creditworthiness decision, by exploring the credit report and the real estate appraisal. Finally, we demystify the mortgage securitization process so that you understand how a simple real estate loan is bundled with others to become security which the underwriting organization can then package and resell into the market to recycle its capital.This course contains nearly 30 modules in 3 sections and is structured so you have a clear awareness of how residential mortgages work in the real world: · U.S. Residential Mortgage Business and Process Fundamentals · U.S. Residential Mortgage Analysis: Bringing It All Together · Loan Management, Servicing and Securitizationthis course's contents consist of videos for each section along with accompanying pdfs of each slide that outlines the key elements to be covered, and then followed in each module that consists of a narrated presentation. * * * * *This course is part of a much larger curriculum available from the instructors entitled: U.S. Residential Real Estate Immersion Program. That certification program is divided into Core, Intermediate and Advance components which together comprise approximate 90 hours of on-demand, live and exercise/quiz/test content, incorporating: Module 1 - The Real Estate Business Module 2 - Real Estate Laws, Qualifications, Requirements and Measurements Module 3 - Real Property Rights Module 4 - Title, Deeds, and Ownership Restrictions Module 5 - Real Estate Contracts Module 6 - Residential Mortgages and Property Financings Module 7 - Types of Mortgages and Sources of Finance Module 8 - Real Estate Deal Closings and Financial Calculations Module 9 - Real Estate Market Analysis and Property Appraisals Module 10 - Planning, Zoning, Environmental Hazards, and Taxes * * * * *More about this course and StarweaverThis course is led by a seasoned real estate investment banking industry practitioner and executive with many years of hands-on, in-the-trenches real estate analysis, underwriting, packaging and marketing work. It has been designed, produced and delivered by Starweaver. Starweaver is one of the most highly regarded, well-established training providers in the world, providing training courses to many of the leading financial institutions and technology companies, including:Ahli United Bank; Mashreqbank; American Express; ANZ Bank; ATT; Banco Votorantim; Bank of America; Bank of America Global Markets; Bank of America Private Bank; Barclay Bank; BMO Financial Group; BMO Financial Services; BNP Paribas; Boeing; Cigna; Citibank; Cognizant; Commerzbank; Credit Lyonnais/Calyon; Electrosonic; Farm Credit Administration; Fifth Third Bank; GENPACT; GEP Software; GLG Group; Hartford; HCL; HCL; Helaba; HSBC; HSBC Corporate Bank; HSBC India; HSBC Private Bank; Legal & General; National Australia Bank; Nomura Securities; PNC Financial Services Group; Quintiles; RAK Bank; Regions Bank; Royal Bank of Canada; Royal Bank of Scotland; Santander Corporate Bank; Tata Consultancy Services; Union Bank; ValueMomentum; Wells Fargo; Wells Fargo India Solutions; Westpac Corporate Bank; Wipro; and, many others.Starweaver has and continues to deliver 1000s of live in-person and online education for organizational training programs for new hires and induction, as well as mid-career and senior-level immersion and leadership courses.If you are looking for live streaming education or want to understand what courses might be best for you in technology or business, just google:starweaver journey builder starweaver[dot]comHappy learning.
Overview
Section 1: U.S. Residential Mortgage Business and Process Fundamentals
Lecture 1 Welcome!
Lecture 2 Introduction to U.S. Residential Mortgage Business and Process Fundamentals
Lecture 3 Residential Mortgage Overview
Lecture 4 Property Types
Lecture 5 Mortgage Loan Types
Lecture 6 Typical Terms and Conditions
Lecture 7 Mortgage Math Overview
Lecture 8 Market Size and Scope
Lecture 9 Key Players in Primary Mortgage Business
Lecture 10 Risks and Rewards Across the Mortgage Life Cycle
Lecture 11 Mortgage Life Cycle – Consumer's Point of View
Lecture 12 Mortgage Life Cycle – Lender's Point of View
Lecture 13 Regulatory Oversight and Evolution
Lecture 14 Financial Distress and Foreclosure Avoidance
Section 2: U.S. Residential Mortgage Analysis: Bringing It All Together
Lecture 15 Introduction to U.S. Residential Mortgage Analysis: Bringing It All Together
Lecture 16 Financial, Credit and Loan Analysis
Lecture 17 Income Analysis of Borrower
Lecture 18 Understanding Credit History and Reports
Lecture 19 Credit Report Analysis
Lecture 20 Mortgage Metrics and Decisioning
Lecture 21 Appraisal and Asset Valuation
Lecture 22 Appraisal Detail and Walk-Through
Lecture 23 Title and Title Insurance
Section 3: Loan Management, Servicing and Securitization
Lecture 24 Introduction to Loan Management, Servicing and Securitization
Lecture 25 Loan Servicing
Lecture 26 Securitization Demystified
Lecture 27 Securitization for the Issuer and Investor
Lecture 28 Life Cycle of Mortgage-Backed Securities (MBS)
Lecture 29 Rating Agency Involvement in MBS
Section 4: Closing Remarks
Lecture 30 Last comments on this course and how to make it (and education) work for you.
All levels of audience are encouraged to participate in this course.
https://www.udemy.com/course/the-us-residential-mortgage-business/
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