Certified Bank Foreclosure Examiner (NAMU®-CBFE)
To help bank foreclosure reviewers become educated on the banking foreclosure review process, NAMU® has teamed up again with Mortgage University® to provide a proprietary "professional development" training & certification program entitled: Certified Bank Foreclosure Examiner (NAMU®-CBFE), which combines a total of 6 hours of live, instructor-led online training with a 30-question exam & background check.
According to DSNews.com (see links below), the Office of the Comptroller of the Currency (OCC) is calling for independent reviews of almost 4.5 million loans that faced foreclosure action -- from such major banks as Bank of America, JPMorgan Chase, Citigroup, Ally Financial and others.
Click Below to Read Articles from DSNews.com:
9/26/11 - OCC: Servicers to Spend One Year or More Reviewing Foreclosures
9/19/11 - OCC Requires Review of 4.5M Foreclosures
As a Bank Foreclosure Examiner, you'll learn how to review the self-assessments, corrective actions and any determinations of financial harm and related remediation for quarterly reviews or examinations of the bank.
Need Help? Call us today toll-free at 1-800-977-1197.
COURSE OUTLINE:
- Background: History of the Crisis, Risks of a weak foreclosure process
- Current Actions/Proposals in Place
- Definitions and Terminology
- Review of Docs
- The Agencies: Short definition of each agency
- Roles & current standards/proposals
- Fed, OCC, FDIC, OTS, HUD, Dept. of Justice, FHFA, Attorney's General
- Agency Enforcements and Proposals
- OCC Review and Enforcement Actions
- OCC Interagency Review and Supervisory Response
- FHFA Review; Additional Reviews and Proposals
- Uniform Standards: Discuss Current Standards in Place
- FDIC Compliance Reference Manual
- HUD Handbook
- HAMP Programs and Agency Requirements
- American Legal and Financial Network; Default Title Standards
- Looking Ahead - Updates
- Expectations of Updates and Further Enforcement Actions to Come
- The Need for Qualified Bank Foreclosure Examiners
- The Need for Uniform Standards Amongst the Agencies
- Nevada Foreclosure Law in Effect as of Oct. 1st 2010
- All 50 State Attorneys General are Pursuing Actions
- Open Forum Q&A - Ask the Expert
- And Much, Much More!
If you are an individual who would like to demonstrate your commitment to professional excellence and distinguish yourself as a leader within the bank foreclosure industry—the NAMU®-CBFE designation is the right certification program for you.
How it Works. The NAMU®-CBFE is designed for mortgage underwriters, loan processors, mortgage closers, post-closers, brokers, attorneys, loan officers, and law firms wishing to enter the bank foreclosure reviewer space -- and learn everything from A to Z. With 6 hours of comprehensive online training through our online mortgage training partner Mortgage University®, the NAMU®-CBFE status allows a foreclosure professional to highlight their bank foreclosure review experience level and set his/herself apart from the rest of job candidates.
Course Disclaimer: We put together the NAMU®-CBFE program for educational purposes only, and make no claim you will find a job as a bank foreclosure examiner. We do not provide job placement or client lead generation, and we do NOT perform bank foreclosures in any capacity (neither in-house or outsourced) -- so the use of the NAMU® logo on a bank foreclosure review document is strictly prohibited. The NAMU®-CBFE is designed for a business-to-business application (i.e. third-party firms offering independent foreclosure reviews for lenders/banks). Furthermore, we are not owned, operated or affiliated with any State/Federal Government Agency. The NAMU®-CBFE program is strictly a proprietary "professional development" training & certification program which NAMU® put together independent of any Government agency.
Earning a NAMU®-CBFE Certification through NAMU® means you have:
- Completed 6 Hours of Online Training.
- Passed a 30-Question Exam.
- Passed a Background Check (Sex Offender/Criminal).
- Agree to Maintain NAMU® Membership in Good Standing.
- Agree to Maintain the Highest Ethical & Professional Standards.
TOTAL PRICE: $395.00... SAVE $100
Need Help? Call 1-800-977-1197 Today!









