Expand Your Education with These Courses from
Time Management: Skills for Sales Success: Part Two.
Effective Presentation Skills for Sales Professionals: Skills for Sales Success: Part Five.
Customer Relationship Building: Skills for Sales Success: Part Seven.
A Consumer Advocate Approach to Real Estate & Mortgages: Courses 1 & 2.
At Home with Diversity.

National Association of Mortgage Processors Offering Online FHA Training Classes

Have a comment on this article? Share on Facebook!

RISMEDIA, May 1, 2007-The National Association of Mortgage Processors (NAMP) predicts FHA loan programs may start to replace subprime mortgages in the months ahead. Embracing this shift, NAMP has partnered with the nation's leading FHA training school, FHA Training University, to offer live, instructor-led online FHA training classes to students nationwide.

In recent months, some of the mortgage industry's top subprime players (New Century Financial Corp., People's Choice Financial Corp. and others) have gone out of business. With a fall out in the Sub Prime mortgage space, FHA loans have become an attractive option among borrowers seeking an alternative financing solution.

As the government's largest mortgage program, the Federal Housing Administration (FHA) loan has been basically a low down payment source for first time home buyers with issues with their credit, but who could fully document their income and assets. In recent times the Federal Housing Administration has made some significant changes. According to FHA Commissioner Brain D. Montgomery, the agency has shifted from its historical emphasis on the repair of minor property deficiencies and now only requires repairs for those property conditions that rise above the level of cosmetic defects, minor defects or normal wear and tear.

NAMP's recent partnership with FHA Training University creates a unique, cost-effective way for mortgage processors and loan originators across the country to obtain sound FHA processing, sales and compliance education, taught by FHA industry veterans.

For more information, visit http://www.FHA.gov, http://www.MortgageProcessor.org, and/or http://www.FHAtraining.org.

Have a comment on this article? Share on Facebook!

Want instant access to great articles like this for your blog or newsletter? Check out our 30-day FREE trial of REsource Licensed Real Estate Content Solutions. Need easy stay-in-touch e-Marketing solutions too? Try Pop-a-Note for 99 cents!
Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.

Categories: Uncategorized

Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>