Course OutLine

 Maryland Mortgage Broker Laws - 1 Hour
    Article - Commercial Law Title 12 subtitle 8
        Maximum Fees allowable
        Financing Agreement
        Refinancing of Loans
        Permissible Fees
            Credit Report
            Appraisals
            Application Fees
            Processing Fees
            Broker Fees
            Origination Fees
            Discount Fees

Loan Discount - I hour
    Mortgage Broker Agreement
    GFE
    Fannie Mae Form 1003
    Federal Disclosures

LO Compensation 1/2 Hours
    1099 vs. W2
    Penalties

COMAR (Code Of Maryland Regulation) 1 Hour

Keeping up with the new regulations are more important than ever in today’s ever changing mortgage market.  The State Regulators are out in full force.  Brokers are having to pay more fines and penalties than ever before.  Brokers believe they are conducting themselves within the law but there are just some things that they did not know.  2 Blue Chip Professional’s Surviving a Maryland Audit will give the necessary information to ensure all files are in full compliance with State and Federal laws.