California Mortgage Loan Brokering and Lending - Softcover

Grogan, Donna L.; Chambers, Malcolm

Softcover

ISBN 10: 0538739592 ISBN 13: 9780538739597

Publisher: South-Western Educational Pub, 2010

Synopsis

Completely updated, this edition incorporates the SAFE Act and its impact on mortgage brokers along with other significant changes seen in the mortgage loan industry since the real estate meltdown that started in 2008. New state and federal regulations are addressed and financial information reflects current market data. The overall loan process is covered along with discussions of the mortgage loan business giving a broad overview of career opportunities in this competitive industry. Ideal for real estate licensees, individuals seeking to enter the mortgage loan business, and those already actively working in the industry, this text covers key topics including appraisal, credit agencies, title and escrow, and computer programs used in the mortgage loan industry. Important legal concepts are covered to meet state course requirements in addition to up-to-date coverage of new industry requirements like the FNMA 1003 loan application form and new appraisal requirements to comply with URAR-FNMA 1005 form. This text remains the authority on current standards of professional practices that meet the goal of consumer protection for the public.

About this title

About the Author

Professor Grogan began real estate practice in 1974 as a sales associate before eventually owning 2 Century 21 franchise offices. After closing 100 escrows and completion of the Graduate, Realtors Institute (GRI) designation criteria in 1977, Grogan received the Certified Residential Specialist (CRS) designation in 1979. In 1985 the coveted Certified Property Manager (CPM) designation was conferred on D. Grogan. Having received 2 bachelors' degrees, one is business administration/management, and one in real estate/finance, Dr. Grogan earned a master's degree from California Polytechnic University, Pomona for completion a thesis on Property Management Training and Education in 1985 before being bestowed with the doctoral degree from Pepperdine University for the dissertation on A Needs Assessment for the Real Estate Assistant. Dr. Grogan is the full time real estate professor at El Camino College in Torrance, California and has authored many publications including many of the California Community Colleges Student or Instructor Study Guides, continuing education course materials, and curriculum.

Edition details

• Publisher: South-Western Educational Pub
• Publication date: 2010
• ISBN 10: 0538739592
• ISBN 13: 9780538739597
• Binding: Paperback
• Language: English
• Edition number: 4
• Number of pages: 736