The Mortgage Bankers Association of Mississippi  has forged an educational alliance with Maselle Career College, Mississippi's leading online continuing education course provider, to meet your professional and educational needs and licensing requirements. Through the flexibility of Maselle's online continuing education courses, which have been customized specifically for members of The Mortgage Bankers Association of Mississippi, you can complete your requirements quickly and from the convenience of your own computer.

Our current course offerings are listed below:

Loan Originator Licensing Course - 30 Hrs 
The Loan Originator Course is a 30-hour, comprehensive training course designed to reinforce the basics of conforming residential mortgage loan origination. The course focuses on the documents, processes and regulations involved in residential mortgage lending. (Available 2008).

The following topics are covered in the course:
 Types of Mortgage Loans
 Mortgage Origination and Regulations
 Pre-Qualifying the Borrower
 Taking the Residential Loan Application
 Underwriting Standards
 Packaging a Mortgage Loan
 Loan Documentation
 Appraisals and the Valuation Process
 Analysis of Loan Turn Downs
 Aspects of Loan Closing
 Loan Servicing
 Economics of the Secondary Market
 Consumer Protection Law and Mississippi State Law
 Ethics and Mortgage Fraud
Mississippi Continuing Education Courses 

All of our Continuing Education Courses satisfy the State of Mississippi continuing education requirement for mortgage brokers. New online course offerings are being added all the time, inlcluding a course which, effective January 2008, satisfies the new requirement in Mississippi State Consumer Protection Law.

Continuing Education Course Offerings:
The following continuing education courses are available to be taken online, at your own pace:

New Course: Mississippi State Consumer Protection Law for Out-of-State Brokers  

This 4-hour course, "Mississippi Consumer Protections Law " duscusses and explains the amended state mortgage laws in Mississippi as of July 2007. Course topics include: Regulated entities under the Mississippi Mortgage Consumer Protection Law, Exemptions; Licensing Requirements and Prohibited Acts and Practices; and the state's enforcement of civil and criminal ramifications of violations of the Act with regard to the origination of nontraditional mortgage loans and a pathway for guidance on Mortgage Product Risks.. This course is designed to satisfy Mississippi State law requirements for out-of-state brokers.