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School of Mortgage Banking, Course II, Managing Profitability and Risk
Public Course Delivery Method: Classroom
Duration of Course: 4 days
SOMB I not required*

Scholarships Available - Visit the Path to Diversity Scholarship web site for more information.

SOMB Pricing

EARLY REGISTRATION
(
click here to select a scheduled SOMB course to view the early registration cutoff dates)
Member Price $1,600
Non-Member Price $2,160
REGULAR REGISTRATION
(
click here to select a scheduled SOMB course to view the early registration cutoff dates)
Member Price $1,760
Non-Member Price $2,400

About this Course
Managing Profitability and Risk in Mortgage Banking emphasizes effective organization and management of the production, servicing and secondary marketing departments for the purpose of controlling risks and maximizing bottom-line profits. This course covers developing new markets, production management, servicing portfolio management and valuation, marketing risk management and pricing strategy.

Course II begins with breakfast and registration on Tuesday morning at 8:00 a.m. Classes are held from 8:30 a.m. to 5:00 p.m. on Tuesday to Friday.

For further details, click here to see a typical SOMB II agenda.

Register today: View a schedule of all upcoming public SOMB offerings.

Prerequisites*
Students who are not working toward AMP designations do not need complete SOMB I to enroll in this comprehensive course. Only students who intend to acquire their AMP designation need to first complete SOMB I and pass the exam.

NOTE: Completion of SOMB I is not required for this course.

For Your Staff
Most MBA Education programs, including all levels of the School of Mortgage Banking (SOMB), can be offered privately at your location or online for your staff at your convenience. Each level is also customizable to fit within your corporate goals and culture. For more information visit mbaeducation.org/corporatetraining or call (800) 793-6222.

Exemption
There are no exemptions from Course II.

Successful Completion of Course II
Credit for Course II is earned when a student has attended all hours of classroom training and passed the comprehensive examination given at the end of the course.

Retake Policy
To pass this course, students must achieve a score of 75% correct or greater on the online final exam. Students who fail the exam on the first attempt may retake the exam up to two additional times for a fee of $100 per retake. Students who have failed to attain a 75% after three attempts will be required to retake the SOMB for the full MBA fee.

Certification and Designation Credit

Successful completion of this event will earn the participant 15 points toward the Accredited Mortgage Professional (AMP) designation. SOMB graduates receive this designation at the Course III graduation ceremony.



Successful completion of this event will earn the participant 15 points toward MBA's Certified Mortgage Banker (CMB) designation.



School of Mortgage Banking - Upcoming Courses
SOMB I

December 2-5, 2014
Nashville, TN

April 14-17, 2015
Birmingham, AL

SOMB II

December 2-5, 2014
Nashville, TN

April 14-17, 2015
Birmingham, AL

SOMB III

September 23 - 26, 2014
Washington, DC
SOMB Information
Upcoming
SOMB Courses

SOMB Course I
Overview


SOMB Course II
Overview


SOMB Course III
Overview


SOMB Forms

Willis Bryant
Award


SOMB FacultyFellows
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