MI Cancellation and Termination

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This course addresses many aspects of mortgage insurance cancellation from automatic termination to borrower initiated MI cancellation. Also included are the impact of the Homeowners Protection Act (HPA) of 1998, the CFPB Bulletin 2015-03 and Fannie Mae and Freddie Mac Guidelines using "Current Value".

Learning Objectives: Covers HPA 1998 and CFPB Bulletin, Termination Procedures, and Intial/Annual Disclosures

Recommended Prerequisites: Intro to the Mortgage Industry

Recommended Audience: Mortgage Professional, Loan Officer, Loan Processor, Underwriter

  • In-Person
  • Live Webinar
  • Recorded Webinar

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