Ever wondered what really happens behind the scenes of a home loan? From application to foreclosure—and everything in between—this course pulls back the curtain on the modern U.S. mortgage industry.

This comprehensive course demystifies the U.S. residential mortgage industry by walking learners through the full lifecycle of a home loan—from origination to securitization. The course has been updated with fresh data, real-life examples, and today’s lending practices to match how the mortgage world works now.

You'll dive into essential topics like loan types, mortgage math, credit and risk assessment, regulatory frameworks, foreclosure strategies, securitization, and the servicing process. Unlike other courses, this program emphasizes a real-world, data-driven perspective and mirrors today’s mortgage lending environment.

By the end, you’ll gain not just theory, but the analytical tools and regulatory understanding needed to thrive in the ever-evolving mortgage finance space.

This course outline follows microlearning best practices. Each video lesson is limited to 7–10 minutes for optimal learner retention and engagement. Longer lessons from the original course have been split into smaller, focused parts.

Module 1: Foundations of U.S. Residential Mortgage Business

• Course Welcome

• Industry Overview – Part 1: History & Scope

• Industry Overview – Part 2: Business Process

• Residential Property Types

• Mortgage Ecosystem Players

• Loan Types – Part 1: Fixed vs Adjustable

• ARM Mechanics – Margins, Indexes & Rate Caps

• Loan Types – Part 2: FHA, VA & Others

• Loan Types – Part 3: Conforming vs Non-Conforming

Course Welcome

Industry Overview – Part 1: History & Scope

Industry Overview – Part 2: Business Process

Residential Property Types

Mortgage Ecosystem Players

Loan Types – Part 1: Fixed vs Adjustable

ARM Mechanics – Margins, Indexes & Rate Caps

Loan Types – Part 2: FHA, VA & Others

Loan Types – Part 3: Conforming vs Non-Conforming

Module 2: Terms, Math & Risk Fundamentals

• Terms & Conditions – Part 1: Common Clauses

• Terms & Conditions – Part 2: Prepayment, Default

• Mortgage Math – Part 1: Basic Concepts

• Mortgage Math – Part 2: Payment Calculations

• Mortgage Math – Part 3: Amortization

• Loan Features – Part 1: Assumable & Convertible Mortgages

• Loan Features – Part 2: Construction, Interest-Only & Balloon Loans

• Understanding Balloon Mortgages

• Second Mortgages, HELOCs & Lien Positioning

• Subordination Clauses & Lien Exceptions

• Risk & Rewards – Part 1: Borrower Risks

• Risk & Rewards – Part 2: Lender Risks

• Consumer Mortgage Lifecycle

• Lender Mortgage Lifecycle

• Reverse Mortgages – Structure, Eligibility & Risks

Terms & Conditions – Part 1: Common Clauses

Terms & Conditions – Part 2: Prepayment, Default

Mortgage Math – Part 1: Basic Concepts

Mortgage Math – Part 2: Payment Calculations

Mortgage Math – Part 3: Amortization

Loan Features – Part 1: Assumable & Convertible Mortgages

Loan Features – Part 2: Construction, Interest-Only & Balloon Loans

Understanding Balloon Mortgages

Second Mortgages, HELOCs & Lien Positioning

Subordination Clauses & Lien Exceptions

Risk & Rewards – Part 1: Borrower Risks

Risk & Rewards – Part 2: Lender Risks

Consumer Mortgage Lifecycle

Lender Mortgage Lifecycle

Reverse Mortgages – Structure, Eligibility & Risks

Module 3: Regulation, Distress & Market Landscape

• Regulations – Part 1: Federal Oversight

• Regulations – Part 2: State & Local Compliance

• Foreclosure Avoidance Strategies – Part 1

• Foreclosure Avoidance Strategies – Part 2

• Market Size and Structure – Part 1

• Market Size and Structure – Part 2

• Special Mortgage Scenarios & Borrower Personas

• Refinancing Use Cases – Rate-Term vs. Cash-Out

Regulations – Part 1: Federal Oversight

Regulations – Part 2: State & Local Compliance

Foreclosure Avoidance Strategies – Part 1

Foreclosure Avoidance Strategies – Part 2

Market Size and Structure – Part 1

Market Size and Structure – Part 2

Special Mortgage Scenarios & Borrower Personas

Refinancing Use Cases – Rate-Term vs. Cash-Out

Module 4: Mortgage Analysis & Appraisal Techniques

• Intro to Mortgage Analysis

• Borrower Analysis – Part 1: Income

• Borrower Analysis – Part 2: Financial Ratios

• Credit Report Overview

• Credit Report Interpretation

• Decisioning Metrics – Part 1: LTV, DTI

• Decisioning Metrics – Part 2: Combined Risk Factors

• Risk Layering in Underwriting Decisions

• Construction & Custom Property Appraisals

• Appraisal Walkthrough – Part 1: Process

• Appraisal Walkthrough – Part 2: Sample Report

• Title and Insurance Fundamentals

Intro to Mortgage Analysis

Borrower Analysis – Part 1: Income

Borrower Analysis – Part 2: Financial Ratios

Credit Report Overview

Credit Report Interpretation

Decisioning Metrics – Part 1: LTV, DTI

Decisioning Metrics – Part 2: Combined Risk Factors

Risk Layering in Underwriting Decisions

Construction & Custom Property Appraisals

Appraisal Walkthrough – Part 1: Process

Appraisal Walkthrough – Part 2: Sample Report

Title and Insurance Fundamentals

Module 5: Servicing, Securitization & Wrap-upLesson Title

• Loan Servicing – Part 1: Payment Collection

• Loan Servicing – Part 2: Escrow & Monitoring

• Intro to Securitization

• Securitization – Part 1: Issuer View

• Securitization – Part 2: Investor View

• Mortgage-Backed Securities Lifecycle

• MBS Ratings Overview

• Capstone: Mortgage Case Simulation

Loan Servicing – Part 1: Payment Collection

Loan Servicing – Part 2: Escrow & Monitoring

Intro to Securitization

Securitization – Part 1: Issuer View

Securitization – Part 2: Investor View

Mortgage-Backed Securities Lifecycle

MBS Ratings Overview

Capstone: Mortgage Case Simulation