Mortgage Pricing Bundle – (The Secrets of Mortgage Pricing & De-Mystifying the Mortgage Pricing Engine)


The Secrets of Mortgage Pricing

Mortgage pricing can be quite complicated.  For compliance professionals, your understanding is essential to ensure proper compliance management over issues such as originator compensation, pricing disparity, company margins and miscommunication with your secondary marketing team.

This Course Includes:

  • Where Mortgage Money Comes From
  • Solving the Profit Puzzle
  • Understanding Pricing Terminology
  • The Use of Margins in Pricing
  • Pricing Overlays and Risk Adjustments
  • The Math-Piecing it All Together

De-Mystifying the Mortgage Pricing Engine 

Technology by itself can be tough to comprehend, however, when you combine technology and mortgage pricing you have a whole new level of complexity!  Like most technology, a user can configure or customize the pricing engine to produce outcomes appropriate for their company needs.  The disconnect is that more times than not, the pricing engine configuration is out of synch with the pricing policy.

This Course Includes:

  • What Does a Pricing Engine Do?
  • Understanding the Elements in Configuration
    • Raw Price
    •  Corporate Margin
    •  Compensation both Wholesale and Retail
    •  Additional Margins
    • Pricing & Risk Adjustments
    • Lender Fees
  • How a Pricing Engine Works with Your LOS
  • Common Configuration Issues That Cause Exam Problems

Course is Appropriate For:  Compliance, Secondary Marketing, Anyone with interest in this subject!