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_LA_DA_303.3 Conventional Loan Recovery: Claims
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011169-WC-W
Delivery Options: N/A

Description of Product

This is a single-family/residential course.

The best outcome of a foreclosure for a servicer is to have a third-party purchase the property at the foreclosure sale. This eliminates or reduces losses by the investor and the servicer. At times, however, the sale of the property does not cover the costs incurred by the investor or servicer involved in the foreclosure. In this case, if the loan is a conventional loan covered by private mortgage insurance, the servicer can file a claim with the PMI provider for reimbursement.

Conventional Loan Recovery: Claims describes the PMI claims process. The course begins by describing how to file a PMI claim. Next, it outlines which expenses are claimable and which are not. The course then describes the claims package and the disposition of claims proceeds. Finally, the course looks briefly at the Fannie Mae and Freddie Mac claims filing processes.


  • Initiating the Claims Process
  • Claimable vs. Non-Claimable Items
  • The Claims Package
  • Disposition of Claims Packages
  • Fannie Mae and Freddie Mac Claims Procedures

    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_LA_DA_303.3 Conventional Loan Recovery: Claims 
    You may also be interested in these products...
    RC_LA_DA_303.1 Conventional Loan Recovery: Essentials
    RC_LA_DA_303.2 Conventional Loan Recovery: Foreclosure
    RC_LA_DA_303.4 Conventional Loan Recovery: Corporate Advance

       Terms of Use & Privacy Statement

    Copyright © 2019 Mortgage Bankers Association.  All rights reserved.