T HE TRAININGP RO TM MISSION

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1 Mission T HE TRAININGP RO TM MISSION TrainingPro will lead a national effort to elevate and enrich the mortgage industry. We will provide an opportunity for each mortgage professional to succeed through innovative compliance solutions and comprehensive educational programs. TrainingPro will deliver superior customer service through a user-friendly platform to promote professional and personal development, one mortgage originator at a time. F OR MORE INFORMATION CONTACT L ANCE CASSELL N ATIONAL ACCOUNT EXECUTIVE RO. COM

2 Course Delivery T RAININGP RO TM COURSE DELIVERY METHODS Capitalizing on cutting-edge technologies and instruction, TrainingPro s course delivery platforms are continually modified and expanded to provide clients the most innovative training methods available. At TrainingPro we understand training is most effective when it is offered in a variety of methods to accommodate various learning styles. C LASSROOM TRAINING Our traditional classroom setting provides students with one-on-one instruction from experienced mortgage professionals and live interaction with other industry colleagues. The courses are tailored to match our clients educational needs and conducted in cities across the country. Current live classroom schedules are available on our website or by contacting an account executive at H OME STUDY TRAINING TrainingPro understands the hectic demands placed on mortgage professionals and has created an innovative correspondence program that gives clients the educational benefits of classroom training in the comfort of their own home. After successful completion of course materials, students are mailed a course certificate. W EB-BASED TRAINING TrainingPro s state-of-the-art e-learning platform is located on the web at Students are assigned a username and password by their TrainingPro account executive. This user friendly site allows students to read course materials and begin testing at their convenience. Course certificates are immediately available for students to print after all course work has been successfully completed. P RIVATE CLASSES To accommodate schedule limitations and specialized training needs, TrainingPro offers individualized, private training in convenient locations of the client s choice. Private classes eliminate the need to coordinate travel arrangements for live classroom training and allow for a level of structure that is in accordance with a client company s educational standards and needs. To learn more about coordinating a private class for your company, please call a TrainingPro account executive at

3 National Base Training Program N ATIONAL BASE TRAINING PROGRAM TrainingPro s National Base Training Program focuses on the federal laws and regulations that drive the mortgage industry. These courses provide the fundamental knowledge necessary to build and maintain compliance with industry standards. O VERVIEW OF KEY COURSE OFFERINGS Real Estate Settlement Procedures Act (RESPA) Provides a detailed overview of RESPA and its affect on the mortgage industry. Topics include disclosure requirements, RESPA violations, yield spread premiums, frequently asked questions, and RESPA reform. Truth In Lending Act (TILA) Provides the provisions of TILA that affect the mortgage lending process including early and final regulation Z disclosure requirements, disclosure requirements for adjustable rate mortgage loans, right of rescission and advertising disclosure requirements. Provides information extracted from the federal reserve board consumer handbook on adjustable rate mortgages. Equal Credit Opportunity Act (ECOA) Summarizes creditors roles and responsibilities during the credit application process, ECOA and FHA prohibitions and notification requirements, discrimination, and repercussions. Federal Law Update Provides an overview of the Home Ownership and Equity Protection Act, offers information on reverse mortgages, and identifies key events that have affected the mortgage industry. Ethics Addresses ethical issues currently surrounding the mortgage industry including predatory lending. Provides a proposed code of ethics necessary to maintain fair and ethical practices. Overview of the Lending and Applications Process Summarizes the lending process including initial contact with clients, loan processing, underwriting, closing, and servicing. Gramm-Leach Bliley Act of 1999 Reviews the 1999 banking deregulation law that allows banks to offer a greater variety of financial services to their customers and to free American banks from restrictions that made them less competitive in the foreign market. Covers the impact on the mortgage industry, federal privacy requirements, timing for title insurers, and enforcement. Predatory Lending Discusses all areas of the Home Ownership and Equal Protection Act and abusive lending practices.

4 Professional Development Courses P ROFESSIONAL DEVELOPMENT COURSES TrainingPro experts have designed and developed non-accredited courses to help mortgage professionals enhance their knowledge of the mortgage industry in a variety of key areas including: Marketing Strategies for Mortgage Brokers This course gives loan originators the tools they need to develop a successful business plan from the lessons of proven marketing techniques. The course focuses on how to maximize shares of closing dollars and how to build a successful business in the mortgage industry. Mortgage Basics This course provides new mortgage professionals with essential information about the mortgage industry. New mortgage professionals benefit by learning comprehensive mortgage terminology, important concepts and practices, and how to attract new clients. State Specific Exam Preps This tool gives students a leading edge when preparing for their state licensing exam. Exam Preps take students step by step through all information found on their state licensing exam, including state laws and regulations. In addition, students are provided with practice test questions to help them prepare. The Residential Loan Originators Training Manual New and experienced originators will learn the role of the originator, the history of the mortgage industry, and how to increase sales volume by building relationships with customers. Students are taught the steps of completing the application and the application process. The course teaches students how to use an appraisal and the impact credit scoring has on the borrower. Other topics include how to originate a FHA and VA loan, as well as how mortgage insurance premiums are calculated. Understanding Credit Scoring This course extensively covers the history of credit scoring, the company that developed credit scoring and the effect credit scoring has on a borrower. New and experienced originators learn how to read, compute, and increase a credit score. Understanding the Residential Appraisal This course provides mortgage professionals with an overview of the appraisal process, concepts, and procedures. Students are taught how to qualify the collateral using the appraisal. In addition, students are taught how to review an appraisal application as well as mechanics of appraisals. Students will learn three approaches of the appraisal and the role of the originator and appraiser.

5 State Approvals ALABAMA License Cycle: annually (Dec. 31 st ) MARYLAND 20 Hour CE Requirement 6 Hour CE Requirement (10+ yrs exp) License Cycle: biannually (Dec. 31 st ) OREGON 20 Hour CE Requirement License Cycle: biannually (revolving) FLORIDA 14 Hour CE Requirement License Cycle: biannually (Aug. 31 st ) MISSISSIPPI License Cycle: annually (Aug. 31 st ) PENNSYLVANIA 6 Hour CE Requirement License Cycle: annually (June 30 th ) ILLINOIS 6 Hour CE Requirement* License Cycle: annually (revolving) MONTANA 12 Hour Pre-Licensing License Cycle: annually (May 31 st ) SOUTH CAROLINA 8 Hour CE Requirement License Cycle: annually (Sept. 30 th ) INDIANA 24 Hour Pre-Licensing License Cycle: biannually (Dec. 1 st ) NEVADA 10 Hour CE Requirement License Cycle: annually (May 31 st ) TEXAS 15 Hour CE Requirement License Cycle: biannually (revolving) KANSAS 8 Hour CE Requirement License Cycle: annually (Sept. 31 st ) KENTUCKY (Live First Year) License Cycle: annually (June 30 th ) Renewal - 6 hours live / 6 hours online or home study NORTH CAROLINA 8 Hour Live Pre-Licensing 8 Hour CE Requirement License Cycle: annually (June 30 th ) OHIO 6 Hour CE Requirement License Cycle: annually (Dec. 31 st ) UTAH 20 Hour Pre-Licensing 14 Hour CE Requirement License Cycle: annually (revolving) WASHINGTON 5 Hour CE Requirement License Cycle: annually (revolving) LOUISIANA 10 Hour CE Requirement License Cycle: annually (Dec. 1 st ) OKLAHOMA 16 Hour CE Requirement License Cycle: (Dec. 31, 2006) WEST VIRGINIA 7 Hour CE Requirement License Cycle: annually (Sept. 30 th )

6 Cross-Certification Program N ATIONAL CROSS-CERTIFICATION PROGRAM As a national continuing education provider, TrainingPro is able to offer an exclusive service to our clients conducting business in more than one state. Through the National Cross-Certification Program, students complete one base course and then receive automatic certifications in all other states in which the course is approved, at a fraction of the cost. This tremendous benefit allows clients to save valuable time and money. Complete One Base Course & Transfer Those Continuing Education Credits to Any of the Following States: Alabama California Florida Illinois Indiana Kansas Kentucky Louisiana Maryland Mississippi Montana Nevada North Carolina Ohio Oklahoma Oregon Pennsylvania South Carolina Texas Utah Washington West Virginia Cross-Certification applies to Continuing Education Credits Only. Some states require a state law supplement in addition to the base course.

7 Client List T RAININGP RO S CLIENT LIST INCLUDES: Aames Home Loan Accredited Home Lenders Allied Home Mortgage Capital Corp Ameriquest Home Mortgage Carteret Mortgage Centex Home Equity Citifinancial Countrywide Home Loans Equity One Mortgage First Guarantee Mortgage Full Spectrum Lending Gateway Funding GMAC H&R Block Lending Tree Morgan Stanley Dean Witter Mortgage IT National City Mortgage New Century Mortgage Novastar Home Mortgage Washington Mutual