FHA Foreclosure
In this class, we look at FHA foreclosure guidelines for both monetary and non-monetary defaults. We discuss exceptions, notifications, timelines, prohibitions, and introduce property preservation and protection expectations.
What will I learn?
By the end of this course, you should be able to:
- Describe key elements of loss mitigation as it relates to the initiation of foreclosure
Identify examples of non-monetary defaults
Discuss essential components of foreclosure including acquiring possession, conveyance of properties, and deficiency judgements
Course Length
40 mins
How it works
Each self-paced, self-study course examines a particular topic, allowing students to hone in on a focused set of learning concepts. Each course is designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles, real world examples, and, where appropriate, video and/or audio recordings of industry experts.
The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course. While course completion time varies per student, it will take approximately one hour to complete most courses.
Students have 12 months from the registration date to complete the course. Upon successful completion of the course, students can download their industry-recognized certificate of completion and transcript.