Fair Lending Essentials seeks to achieve an overview of the multiple elements involved in fair lending with a focus on the real estate industry. This course explores fair lending issues in mortgage lending, including such topics as regulatory compliance laws, quality assistance dialogues, discrimination and diversity, product quotations and pre-qualification, understanding fine print, third party providers and tracking, credit approval and denial, loan closing, and HMDA-LAR. Students will focus on the history and background of regulatory compliance laws; overt discrimination outside the mortgage lending industry and how to prevent it; the roles of third party providers, settlement agents, and property appraisers; the process of loan disposition and settlement; and relevant Internet sources of information.
  
NOTES:  This is a self-paced, self-study course. Enroll anytime and take up to 8 months to complete the course.