Outline
- Ethical
and Legal Considerations- National Association of Mortgage Brokers Code of Ethics
- Ethics in Advertising
- Discrimination
- Protected Classes
- Prohibited Practices
- Other Types of Discrimination
- Disclosure
and Privacy- Truth in Lending Act (Regulation Z)
- TRID Disclosures
Learning Objectives
- Understand Ethics and the purpose of codes of
ethics - Understand how business ethics applies to
mortgage origination. - Learn how
to identify ethical situations. - Identify the various anti-discrimination laws
- Know the federal laws and the “disclosure
obligations” they impose - Understand the Indicators of mortgage fraud
- Define participants and their roles in
mortgage fraud schemes - Understand predatory lending practices.
- Understand the meaning of Business Ethics.
Teaching
Methods:
PowerPoints, Video PowerPoint
Presentation and Optional Quiz
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