NAMB/WEST Education Information

INSTRUCTORS JUST ADDED -- SEE BELOW (UPDATED: 10/1/07)

NAMB/WEST EXTREME Education Breakouts
FREE EDUCATION TO ALL FULL REGISTRANTS-MEMBERS AND NON-MEMBERS!

Schedule current as of 10/1/07, subject to change without notice
Contact your individual state for approved credit hours for each class
All Education Breakouts are available complimentary to members and non-members
You must sign up in advance and YOU MUST PAY THE FULL CONFERENCE REGISTRATION FEE
Ala carte/per credit pricing will not be available to day pass attendees
“Seats” are assigned on a first-come/first registered basis - the only way to guarantee a seat in a class is through course pre-registration
Unless noted, all classes are limited to 80 seats
Please arrive 15 minutes prior to the session start or your seat may be given to a wait listed individual
A waiting list will be available for all “SOLD OUT” courses
Do NOT make any airline reservations to attend the education program until you have confirmation that you are registered for the course
CE's will not be awarded for late arrivals
Course materials are only available to registered attendees
Idaho state students only: All 8-hour courses receive 6.5 CEUs, 4-hour courses receive 3 CEUs and 2-hour courses receive 1.5 CEUs.
Washington state students only: You will not receive state continuing education credits for 2-hour courses. You may however combine one 2-hour session with another 2-hour session offered during NAMB/WEST for a 4-hour (4 CEU) credit. You will earn documented hours (points) which can be used towards NAMB certification for all 2 to 8 hour courses.
For additional information, Contact Aubrey Eyer, Education Coordinator, aeyer@namb.org

Friday, November 2 - Class size limited to 50 Seats

8:00 AM-5:00 PM NAMBits: Introduction (By Invitation Only) (8 CEUs) (Room 108) Instructor: Tom Ward
8:00 AM-Noon Commercial 101, #5040 (4 CEUs) (Rooms 106) Instructor: Art Swiatkowski
This course will help brokers develop the basic knowledge and skills in commercial lending that are required to originate, process and understand the nuances of commercial lending as compared to residential lending.
1:00 PM-5:00 PM Construction to Permanent Lending, #1090 (4 CEUs) (Rooms 106) Instructor: Ruth Faynor
This course covers the basics in regard to construction to permanent lending. Information regarding the multitude of options available in the construction to perm market helps brokers make informed choices in developing a construction-lending program that best suits their company objective. This course is provided by M&T Mortgage Corporation.

Saturday, November 3

8:00 AM-5:00 PM NAMBits: Intro Continued (By Invitation Only) (8 CEUs) (Room 108) Instructor: Tom Ward
8:00 AM-5:00 PM ABC’s of FHA Lending, #1040 (8 CEUs) (Rooms 106 & 107) Instructor: Tim Wooding, CMC, CRMS
This course covers: How to properly and accurately originate an FHA loan, accurately prepare a Good Faith Estimate with allowable closing costs, MIP and calculating maximum mortgage amounts. Learn “loan underwriting” and “subject property” lending criteria, processing the FHA loan forms, automate by using technology, marketing ideas for FHA loans to maximum profits, current HUD compliance and regulatory issues and hands-on case studies and practice scenarios.

Sunday, November 4

1:30 PM-5:30 PM The Nation's Fair Lending Laws, #2010 (4 CEUs) (Rooms 106-107) Instructor: Ruth Faynor
This course discusses the federal laws related to fair lending - Equal Credit Opportunity Act (ECOA), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), and Interagency Policy Statement on Fair Lending. Instructional content includes: ECOA definitions and application rules, Residential Loan Application (1003).
1:30 PM-5:30 PM Mortgage Broker Business Ethics, #4010 (4 CEUs) (Rooms 109-110) Instructor: Tim Wooding, CMC, CRMS
Enron, Tyco, Adelphia. Today’s headlines are filled with companies forced into bankruptcy, corporate officers going to jail, shareholder lawsuits, ruined investor confidence and lost sales and customers. In this environment, how can you arm yourself with the skills and knowledge to positively impact both your corporation’s reputation and its bottom line? Ethics in Mortgage lending will help you to respond to the broad range of challenges you face daily. In this course, you will obtain the knowledge you need to make sound legal and ethical decisions.
1:30 PM-5:30 PM TILA-Truth in Lending, #2030 (4 CEUs) (Rooms 201-202) Instructor: Rocke Andrews, CRMS
Truth in Lending has basic information about Laws and Regulations in general about Truth in Lending and Regulation Z in particular. It also defines key terms including “creditor” and “finance charge.” Finally, it covers what needs to be disclosed and what exemptions and exclusions apply.
1:30 PM-5:30 PM Shedding Light on Credit Scoring, #3020 (4 CEUs) (Rooms 204-205) Instructor: Bill Howe, CMC, CRMS
This course provides you with a basic understanding of credit scores and gives a set of risk factors used in determining the score. It includes a discussion of FICO bureau scores and MDS bankruptcy scores, evaluating a score to industry guidelines, and compensating factors.

Monday, November 5 - Class size limited to 50 Seats

2:15 PM-6:15 PM RESPA-Real Estate Settlement Procedures Act, #2020 (4 CEUs) (Room 103) Instructor: Joe Falk, CMC, CRMS
This course provides a study on RESPA, its Regulation “X”, and related policy statements. Topics covered will include: The Good Faith Estimate and the Uniform Settlement Statement; The importance of the HUD booklet “When Your Home is On The Line”; and Describing an “Affiliated Business Arrangement” (formerly “CBA”).
2:15 PM-6:15 PM Shut the Door on Fraud, #3030 (4 CEUs) (Room 106) Instructor: Mary Kay Skully
"Shut the Door on Fraud" was developed to assist lenders in understanding the common inconsistencies found in fraudulent loans. The seminar identifies typical contributing factors and types of fraud while defining fraud-for-profit schemes. These issues are related to the Loan Application (1003), tax returns as well as Full and Timesaver Documentation. Finally, the text includes a variety of investigative resources to help lenders combat fraud. This seminar will help you decrease your default rate by raising your associates' awareness of fraud.
2:15 PM-6:15 PM RML-Residential Mortgage Lending I & II (RML Module I, #1011, RML Module II, #1012) (4 CEUs) (Room 107) Instructor: Ruth Faynor
RML, Residential Mortgage Lending, is a comprehensive series of short courses that covers the core knowledge and business skills of the mortgage professional. RML I is the first course in this series. The topics covered will include: an overview of the mortgage industry; types of mortgage loans; and mortgage origination and regulations. RML II is the second in the core series: Residential Mortgage Lending. The topics covered will include: pre-qualifying the borrower; taking the residential loan application (1003); and underwriting standards.
2:15 PM-4:15 PM Reverse Mortgage Basics, #1071 (ONLY 2 CEUs) (Rooms 108) Instructor: Ralph Rosynek Reverse mortgage program for people 62 and older. This course will show you how to offer alternative financial solutions to your established customres that enable them to receive payouts from the built up equity in their home.

Tuesday, November 6

8:00 AM-10:00 AM Introduction to Credit Scoring, #3021 (2 CEUs) (Rooms 201/202) Instructor: Rocke Andrews, CRMS This course will provide you with an introduction to credit scores and how they are used in the mortgage origination process.
8:00 AM-10:00 AM Identity Theft, #3070 (2 CEUs) (Rooms 204/205) Instructor: Debra Killian, CRMS
This new course will discuss examples of identity theft, how to identify risks for identity theft, and how to prevent identity theft during the process of mortgage origination.

Click here to register!