NAMP Predicts Mortgage Loan Modifications Will Sky Rocket

With many mortgage lenders and banks nationwide feeling pressure to help home owners stay in the their homes Loan Modifications are becoming more and more popular. Over the last several months lenders are pressed to offer Loan Modifications as way to help suffering borrowers prevent losing their homes. NAMP in partnership with Mortgage University has created a quick and cost-effective solution to learn how to perform loan modifications.

Washington, DC (PRWEB) November 16, 2008 -- With mortgage loan modifications on the rise now is the time to learn how to perform loan mods for borrowers. Designed for an originator, processor, underwriter, closer or post-closer, NAMP has created a quick and cost-effective solution.

The National Association of Mortgage Processors (NAMP), in partnership with Mortgage University, has put together a 3-hour live, instructor-led interactive webinar entitled: Loan Modification 101. Held once a month, this 3-hour webinar is an open forum discussion designed to provide mortgage professionals with how to modify mortgage loans , from A to Z. This unique online format also allows the student to ask questions directly to the instructor and get immediate answers.

This 3-hour Loan Mod webinar will: 1) Negotiating With The Mortgage Servicer, 2) Required Documentation & Forms, 3) Profit Center: What, Where & How To Charge Fees, 4) Ethics: Counseling The Borrower, 5) Legalities: Potential Pitfalls, and 5) Finish with an Open Forum Q&A Session.

This monthly webinar is designed for any mortgage professional who is looking to diversify their product offerings and generate additional income. This webinar will cover all aspects of the front-end selling to the servicing side of loan mods.

NAMP has chosen Bonnie Hild as the instructor, and as an active FHA Direct Endorsement (DE) Underwriter, Bonnie has 25+ years of Government underwriting experience working for several major FHA lending institutions. Bonnie also writes a weekly FHA Blog for NAMP. During this interactive webinar Bonnie works with the student directly to review and respond to all questions.

The cost of the monthly webinar is $99 per attendee with a maximum of 100 attendees. Upcoming dates include: November 25th from 5-8 p.m. PST, December 18th from 10-1 p.m. PST, and January 29th from 5-8 p.m. PST.

To learn more about the mortgage modification requirements, agreements, and more visit: http://www.LoanModWebinar.org or call NAMP toll-free at 1-800-977-1197 to speak with an enrollment counselor.

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