Home  ::  Log In  ::  Search :: 
Classroom-Based Programs
Conferences and Workshops
Instructor-Guided Online Courses
Live Webinars

Designations and Certificates
Magazine and Newsletter Subscriptions
Market and Research Data
Publications and Guides
Self-Study Web-Based Courses
Webinar Recordings and Packages

RC_GO_F_200.3 Mortgage Loan-Level Misrepresentation
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011031-WC-W
Delivery Options: N/A

Description of Product

This is a single-family/residential course.

Whether a loan applicant decides to commit fraud for property or for profit, the majority of misrepresentations can be tracked back to documentation found in the individual loan file. Misrepresentations may include fabricated or altered employment, income, and asset documentation. There may be debts that are not disclosed and sources of funds that are misrepresented. The occupancy intent of the property may also be false. These misrepresentations are known as "loan-level misrepresentations."

Mortgage Loan-Level Misrepresentation presents red flags within various documents in the loan file that may indicate the existence of loan-level misrepresentation. Areas of possible concern on the application, the sales contract, the credit report, income documentation, asset documentation, and the appraisal are described and discussed.


  • Application Review
  • Sales Contract Review
  • Credit Report Concerns
  • Income Documentation Review
  • Asset Documentation Review
  • Appraisal Review

    Seat time approximately one (1) hour.

    Copyright 2019.

    Product Category:
    Self-Study Web-Based Courses 
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course. 
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

    Contact E-mail:
    RC_GO_F_200.3 Mortgage Loan-Level Misrepresentation 
    You may also be interested in these products...
    RC_GO_F_200.1 Mortgage Loan Fraud Overview & Current Trends
    RC_GO_F_200.2 Mortgage Loan Fraud for Profit
    RC_GO_F_200.4 Mortgage Loan Fraud Best Practices & Resources

       Terms of Use & Privacy Statement

    Copyright © 2019 Mortgage Bankers Association.  All rights reserved.