LATE CE 1 Hour NC SAFE: Mortgage Fraud and Affordable Housing OSS (16984)
Description
In this course, you will learn about fraud based on the CoreLogic report and what is prohibited under specific North Carolina laws. Case studies will be reviewed to keep you up to date on the latest, and we will go over the affordable housing crisis, as well as the NC Fair Housing Act and talk about what down payment options are available to counteract it.
NMLS Provider ID #1400062
Late CE 1 Hour SC-DCA SAFE Course ID #
$25.98
Course Objectives
By the end of this course, learners will be able to:
- Review the CoreLogic Fraud Statistics Report
- Deconstruct a case study and understand what they did wrong
- Describe the requirements under the NC Residential Mortgage Fraud Act
- Relate what is prohibited under NC law
- Restate what affordable housing is and the four factors causing an affordable housing crisis in the US
- Understand the basic requirements for the North Carolina Down Payment assistance programs
- Describe the options available through Fannie Mae and Freddie Mac for low-to-moderate-income borrowers
- Relate what is prohibited under the NC Fair Housing Act
