This course delivers an in-depth examination of the final rule amendments for the Section 184 Indian Housing Loan Guarantee Program. Explore the new participation and eligibility requirements, enhance your understanding of underwriting processes, and learn how these changes promote program sustainability and borrower protection. Ideal for lenders, tribes, and financial institutions committed to effective program engagement.
In this course you will learn the following:
* Understand the key changes introduced by the final rule.
* Identify the new participation and eligibility requirements for lenders.
* Comprehend the underwriting, closing, and endorsement processes.
* Recognize the servicing requirements and claims process.
* Understand the consequences of non-compliance with the new regulations.
