Advance Your Knowledge and Skills โ€“ Enroll Now to Earn 5 Professional Development Hours!

Stay Ahead in the Industry โ€“ Master Power of Sale and Foreclosure Today! Enroll today and earn a Certificate of Completion that counts towards your Professional Hours, helping you stay compliant with industry regulations and advancing your expertise.

  • Build Client Trust and Reputation

    Learn ethical strategies and best practices that help you maintain transparency, manage conflicts of interest, and protect your clientsโ€™ interestsโ€”establishing yourself as a trusted professional in the mortgage industry.

  • Enhance Your Expertise

    Gain a comprehensive understanding of Power of Sale and foreclosure processes, equipping you with the knowledge to confidently guide clients through complex scenarios while staying compliant with Ontario regulations.

  • Earn Professional Development Hours

    This course offers 5 professional development hours, helping you meet ongoing education requirements while expanding your skills and staying competitive in the Ontario mortgage market.

Course outline

    1. Welcome to ALI - The Academy of Learning Institute

    2. How to use this course

    3. Before we begin...

    4. ๐Ÿ“"See What You Already Know!" ๐Ÿ“ Before we start, take this quick quiz to check what you already know. Don't worryโ€”it's not a test! It's just a fun way to see where you're starting from. You'll learn everything you need as we go!

    1. Lesson 1: Course Overview and Learning Objectives

    2. Lesson 2: Definition and key differences between Power of Sale and Foreclosure

    3. Lesson 3: Historical context and prevalence in Ontario

    4. Lesson 4: Overview of the role of mortgage agents and brokers in these situations

    5. ๐Ÿ“It's Quiz Time!

    1. Lesson 1: Legislative basis: Ontario Mortgage Act and related laws

    2. Lesson 2: Steps in the Power of Sale process

    3. Lesson 3: Responsibilities of lenders and agents

    4. Lesson 4: Compliance and legal documentation requirements

    5. ๐Ÿ“It's Quiz Time!

    1. Lesson 1: Differences between judicial and non-judicial foreclosure

    2. Lesson 2: Legal framework governing foreclosure in Ontario

    3. Lesson 3: Timeline and costs involved in foreclosure

    4. Lesson 4: Borrower protections and lender obligations

    5. Lesson 5: Impact of foreclosure on credit and recovery options for borrowers

    6. ๐Ÿ“It's Quiz Time!

    1. Lesson 1: Analysis of real-life Power of Sale and foreclosure cases in Ontario

    2. Lesson 2: Identifying ethical dilemmas and compliance issues

    3. Lesson 3: Advising clients: lender and borrower perspectives

    4. Lesson 4: Strategies for mitigating risks in Power of Sale and foreclosure scenarios

    5. ๐Ÿ“It's Quiz Time!

    1. Lesson 1: Overview of FSRA and MBRCC guidelines related to Power of Sale and foreclosure

    2. Lesson 2: Ethical responsibilities of mortgage professionals

    3. Lesson 3: Managing conflicts of interest and maintaining professionalism

    4. Lesson 4: Documentation and reporting requirements for compliance

    5. ๐Ÿ“It's Quiz Time!

About this course

  • $49.00
  • 35 lessons

Pricing options

Choose a One Time Payment of only $49 or 3 regular smaller monthly payments of $19.99 for 3 months.

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