Ethics in the Mortgage Industry Compliance Course

This 30-minute course aims to equip mortgage professionals with a comprehensive understanding of ethical practices within the mortgage industry. Participants will explore the far-reaching effects of ethics on consumers, lenders, and the overall reputation of the industry. The course will cover the role of ethics in legal frameworks, the significance of ethical conduct in mortgage transactions, and the responsibilities of mortgage professionals to provide accurate and transparent information about mortgage products. Additionally, participants will learn to identify and avoid unethical practices, thereby fostering a culture of integrity and accountability in their business operations. By the end of the course, participants will be empowered to conduct their mortgage business honorably and uphold the highest ethical standards in their professional conduct.

Topics Covered:

• Ethics & the Role of the Law;
• The Importance of Ethics;
• Situational Ethics;
• Creating a Code of Ethics;
• Importance of Being an Ethical Mortgage Professional;
• How to be an Ethical MLO;
• Common Ethical Challenges that MLO’s Face;
• CFPB Consumer Complaints in Recent Years;