2 Credits.    

The major lien disclosed on the county level is a mortgage. A mortgage is a limited conveyance of real property, the purpose of which is to create a security interest for an underlying debt, usually a mortgage note. Understanding the mortgage, how it is recorded, and how to remove it from the record is a core understanding of the Title Insurance industry.

The Course covers:

• Mortgage Basics
• Recording Requirements
• Descriptions
• Types of Mortgages
• Reverse Mortgages
• Construction Loans
• MERS
• Getting Mortgages off Record
• Mortgage Payoffs
• Policies
• Endorsements
• Mortgage Modifications
• Notices of Settlement
• Subordinations
• Closing out Lines of Credit