Today's lending environment requires a well-trained and educated loan processor. Loan processors must be able to navigate countless regulations and identify potential fraud threats all the while building strong customer relationships and making high-quality loans. One of a 7-part valuable series, which includes computer-based modules and individual training materials, will ensure your lending staff has the necessary skills and knowledge to do the job right.
Each program includes a presentation for individual or group viewing on a computer screen. The manual is searchable with quizzes, examples and testing.
Written and produced by Chaotic Solutions
Loan Processor Voume 2: Mortgage Fraud Red Flags (20 minutes)
Mortgage fraud is a growing threat to both homeowners and lenders. Stay up-to-date on the latest mortgage fraud schemes including appraisal fraud, straw-buyer plots, flipping and foreclosure schemes. This program identifies the characteristics of each scheme, common red flags to look for and strategies to better protect homeowners and lenders.
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