U.S. Residential Mortgage Business (Udemy.com)

A comprehensive overview and analysis, covering all aspects of the residential mortgage industry in the US.

Created by: Starweaver /live

Produced in 2014

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What you will learn

  • You'll be able to explain why people use mortgages today
  • You'll be able to list and discuss property types, and demonstrate the risks of each
  • You'll be able to identify key mortgage types and describe the audience and markets for each
  • You'll be able to describe the importance of mortgage loans and conditions, and their meanings
  • You'll be able to demonstrate the math behind mortgage pricing
  • You'll be able to learn the size and scope of the U.S. residential mortgage market
  • You'll be able to describe the key players in the mortgage industry, the functions and roles they have, and identify the phases of the mortgage life cycle
  • You'll learn about the risk and rewards of originating, servicing and securitizing mortgages
  • You'll learn about the mortgage life cycle from both the consumer's and the lender's POV
  • You'll learn about current and historical mortgage regulation
  • You'll learn about financial distres

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Quality Score

Content Quality
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Video Quality
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Course Depth & Coverage
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Overall Score : 86 / 100

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Course Description

In this course, we will cover everything you need to know to be knowledgeable about residential mortgages in the United States. We will look at the important players/departments in the space as well as Key Terminology that you need to know. We will spend some time unpackaging the consumer buying cycle and examine the life cycle of the Mortgage. In addition, we will spend some time examining what goes into originating, servicing and valuing a Mortgage by examining the metrics that make up the loan process. We will examine the tools that help a company make a sound credit worthiness decision, by exploring the Credit Report and the Real Estate Appraisal. Finally, we will demystify the Securitization process by looking at the process of Mortgage Securitization and its benefits. The makeup of the course is as follows, containing nearly 30 modules over 3 sections: U.
S. Residential Mortgage Business and Process Fundamentals U.
S. Residential Mortgage Analysis: Bringing It All Together Loan Management, Servicing and Securitization This course's contents consists of a video introductions for each section, outlining the key elements to be covered, followed by each module, consisting of a narrated presentation. Who this course is for:
All levels of audience are encouraged to participate in this course.

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Instructor Details

Starweaver /live

We are on a mission to transform technologists into world-class experts, and business people into tech-savvy leaders.
It's that simple!
We are a technology and media company that delivers a completely new, immersive, addictive and connected education experience online for technology and business pros.
We help you develop habits and skills that kick your talent into a star-level of performance!
We deliver superlative, hands-on and practical professional development and education focused on several key domains:
1. Data Science, including big data, machine learning, data visualization, data analytics...
2. Cloud Computing, including Amazon Web Services, Microsoft Azure, Google Cloud Platform / Firebase, IoT, Platform as a Service, Infrastructure as a Services, Software as a Service...
3. Full Stack, including from front end (customer or user-facing) to the back end (the "behind-the-scenes" technology such as databases and internal architecture) including http, CSS, JavaScript, MongoDB, NodeJS, Angular, React...
4. Agility & Stability, including a broad group of frameworks and techniques involving Agile, Scrum, Kanban, TOGAF, ITIL, cybersecurity...
5. Business domains, including a strong emphasis on banking, finance, securities, and insurance (e.g., derivatives, credit risk management, corporate finance, financial modelling...)...
Our business is designed to boost your knowledge and skills so that you can apply

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Reviews

4.3

186 total reviews

5 star 4 star 3 star 2 star 1 star
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By Brandon Mann on 11/14/2020

Very informative

By Sukrit Raj on 10/25/2020

Updated information required to be added

By Robin Neace on 10/19/2020

Really informative and detailed! Great value too!

By Diana Sari on 10/19/2020

Okay, but could be better with recent updates

By Akshay Prakash on 10/13/2020

Gone through the first lecture of the course, it explains really well covers most of the types and gave a good overview of types of mortgages and implications of fixed and floating interest rates. Instructor can go a much more deeper in explaining HELOC and Home equity loan

By Ronnie Patrick on 10/10/2020

Great course overall, the materiel was very informative and critical to understanding the U. S. Residential Mortgage Business.

By Nikki Lynch on 9/20/2020

Very dry, just reading PowerPoint slides. Not very engaging.

By Terry Scalia on 9/20/2020

This course was packed with a lot of good information. It really broke down the inner workings of the mortgage business and the players involved.

By Lohith V on 9/18/2020

Actually very nice!!!!
it would be great if you explain more details about processing, Income Calculation, Credit report (delinquencies, collection, Past due) and about Document Underwriting(DU) ...

By Inerje Barrett on 9/10/2020

I gained quite a bit of knowledge.

By Marc Ciagne on 8/27/2020

Was disappointed to hear that this was made in 2006 - 14 years ago, before the mortgage industry collapsed. Makes me wonder if all the info in this course will still be reliable. Presenter is just reading the slides verbatim 90% of the time.

By Cornelia Marceline on 8/26/2020

yes this is helping me update my real estate closing skills