Transfers ToCSUDescriptionThis course is an introduction to the mortgage brokerage and banking industry. Students learn the history, concepts, vocabulary, loan products and product flow of the mortgage banking industry as well as the functions of the many participants in a loan transaction. Other topics include information on the state of the economy and its effects on real estate lending and the secondary markets. In addition, the legal and financial impacts of fraud within the industry are discussed. Throughout the course, emphasis is placed on the importance of follow-through, quality customer service, and ethics as they relate to the mortgage brokerage and banking industry. Course content relates specifically to California regulations. This course is intended for students interested in real estate, banking, and finance. 