Mortgage Bankers Association

From Wikipedia, the free encyclopedia

The Mortgage Bankers Association (MBA) is the national association representing all facets of the real estate finance industry. Headquartered in Washington, DC, MBA represents over 3,000 member companies nationwide in an industry that employs approximately 500,000 people. MBA’s membership base includes all sectors of the real estate finance industry including originators, servicers, underwriters, compliance personnel and information technology professionals representing mortgage companies in the residential, commercial and multi-family arenas.

1 CampusMBA
2 School of Mortgage Banking
3 Home Loan Learning Center
4 MBA Publications
5 External links

[edit] CampusMBA

CampusMBA is the education division of the Mortgage Bankers Association. CampusMBA provides learning solutions for professionals in the real estate finance industry. CampusMBA offers an array of programs including distance learning, LIVE online workshops, classroom-based courses, corporate training solutions and several books and resources.

CampusMBA offers industry certifications and designations, including the following:

Certified Mortgage Banker (CMB)

Accredited Mortgage Professional (AMP)

Certified Loan Officer (CLO)

Certified Mortgage Compliance Professional (CMCP)

Certified Mortgage Servicer (CMS)

Certified Mortgage Technologist (CMT)

Certified Quality Assurance Professional (CQAP)

Certified Residential Underwriter (CRU)

CampusMBA also offers corporate training solutions including the eTicket training program, Corporate Branded University, content licensing and customized training.

[edit] School of Mortgage Banking

Since 1948, the Mortgage Bankers Association has been offering courses through The School of Mortgage Banking (SOMB) to the real estate finance community. SOMB is a series of three four-day courses, now administered by CampusMBA - the educational division of MBA created in 2000. The courses offer comprehensive instruction in specific aspects of the mortgage banking industry. Graduates of SOMB receive the Accredited Mortgage Professional (AMP) designation upon successful completion of the courses.

[edit] Home Loan Learning Center

The Home Loan Learning Center provides step-by-step information on how to become financially literate. The site provides information about credit reports and scores, the true cost of owning a home and how to compare the costs of owning versus renting a home. The Web site provides in-depth, easy-to-read home loan product information in the All About Mortgages section, which includes information on how to qualify for a loan, what the documents mean, what's in the mortgage payment and mortgage calculators to help consumers plan their payments.