Consumer Lending: Overview of Residential Mortgages and Home Equity Lending 2023 - Webinar | Iowa Bankers Association | 6 November 2023 | Virtual Event
Venue
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| Event Date |
Tue Nov 7 UTC (about 1 year ago)
In your timezone (EST): Mon Nov 6 7:00pm - Mon Nov 6 7:00pm |
| Location | Virtual Event |
| Region | All |
Details
This program provides an overview of the entire mortgage process, including home equity lending. We’ll look at the business aspects of mortgages for banks, current trends in products offered, plus recent regulatory issues most of which arose from the severe downturn in housing.
Why you should attend:
• Update on residential first mortgage products and housing in general
• The roster of various players and participants in the mortgage process, including the government sponsored entities (GSEs)
• The evolution of bank involvement and current practices (originate to keep, originate to sell, using a correspondent relationship and others)
• Customer goals and process differences with purchase mortgages versus refinancing
• Overview of formal underwriting steps
• Single closing products or construction/permanent combined loans
• Evolution and current trends in home equity lending
• Example underwriting for home equity line of credit (HELOC)