\'Everything You Need to Know about the HUD-1 and HUD-1A\' now available at the American School of Mortgage Banking

'Everything You Need to Know about the HUD-1 and HUD-1A' now available at the American School of Mortgage Banking

(EMAILWIRE.COM, November 03, 2006 ) San Diego, CA - American School of Mortgage Banking, www.asmb.com a leading provider of mortgage education solutions in California announced the launch of its newest online course “Everything you need to know about the HUD-1 and HUD-1A ” written by Michael S. Richardson of www.Preventmortgagefraud.com. Everything you need to know about the HUD-1 and HUD-1A is a concise, but comprehensive, overview of the facts about the HUD-1 and HUD-1A forms, regulations and rules regarding preparation and delivery of the forms to a borrower, and penalties for failure to conform to the regulations. We will also explore the relationship between the HUD-1 (and/or HUD-1A) and the GFE. We will consider the role of the HUD-1 and HUD-1A in mortgage fraud prevention and how to explain the forms to borrowers. Industry Professionals and Homeownwers should take this course as it is one of the key and final documents at the closing table. "As more and more people are becoming victims of mortgage fraud, they need to have a way to defend themselves against the “mortgage fraudsters” during the purchase or refinance of their homes. The real estate industry and homeowners must be willing to use whatever tools necessary to protect against mortgage fraud in these days of changing markets and waning ethics” said Michael S. Richardson, Managing Director of Preventmortgagefraud.com.ASMB demands quality instruction. We require all our teachers have a minimum of five years experience in the fields they are teaching, as well as be currently working in their area of expertise. We rigorously train our teachers to meet your needs as our students.The web-based course on www.asmb.com under distance learning can be accessed 24/7 from anywhere in the world. Users can expect current up to date course content; the course contains an online exam which supports this powerful learning system. About American School of Mortgage BankingASMB is located in Tustin California and began in 1978 by offering all levels of residential lending classes to the industry and the public. We are proud of opening up this industry to tens of thousands of our students helping create lucrative careers with just one month of in-depth training. We teach in many convenient locations, and offer correspondent classes to those who cannot access us directly.THE GOAL of the American School of Mortgage Banking is to ensure our students fully understand the materials and lessons presented to them in our classes. We do not overwhelm our students with information in a mere two or three days and expect them to completely grasp all facets of mortgage banking, but rather we provide a learning environment conducive to lifelong knowledge retention. Education must be active, not passive, because students must have time to digest the information presented. For additional information visit www.asmb.com or (800) 343-5549 Office Hours: Mon-Fri 8:30-5:30About Preventmortgagefraud.com Headquartered in Denver, Co. www.Preventmortgagefraud.com is a leading educator of real estate fraud prevention solutions in the United States. Homeowners, Mortgage and Real Estate transaction clients nationally have benefited from their on suite of educational and fraud prevention services. The company's core offerings include the book “An American Epidemic, Mortgage Fraud a Serious Business”. “Focus on Fraud” workshops are for loan officers, real estate agents, title professionals, and operational staff and compliance personnel. Our “Clear to Close” service is a loan pre-funding audit. “Expert Support Services” which includes a forensic loan file review and Mortgage Fraud Opinion Review on mortgage fraud files and prepares a package for management decision on how to move the fraud case to the next level, civilly criminally or both. For additional information visit www.Preventmortgagefraud.com, or contact at 303-238-6200. Contact: Michael S. Richardson303-238-6200michaelr@preventmortgagefraud.com

Preventmortgagefraud.com
Michael Richardson

michaelr@preventmortgagefraud.com