FHA Loss Mitigation Part II
In the Loss Mitigation Part II course, we continue the discussion about home retention and non-home retention options offered by FHA.
What will I learn?
By the end of this course, you should be able to:
- Describe the delinquency/default options and requirements to avoid foreclosure
Review the approved Loss Mitigation waterfall (hierarchy)
List types of forbearance plans
Identify the requirements of a Special Forbearance plan
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.