New Professional Certificate in Residential Mortgage Arrears

Brendan Burgess

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NEW! - Professional Certificate in Residential Mortgage Arrears This Certificate is a UCD qualification, delivered via one online module. It can be completed by the end of May 2013 and is at Level 7 on the National Framework of Qualifications. We are now open for Registrations for the May 2013 exams.

“Mortgage Arrears are a top priority for us in the bank, and in consumer protection, and we are working hard in this space to ensure that it is a top priority within banks strategically and operationally through our mortgage arrears resolution strategy.”

Bernard Sheridan, Director of Consumer Protection, Central Bank of Ireland, May 2012.
INTRODUCTION
[FONT=%value]The scale of the deepening residential mortgage crisis in Ireland has required mortgage lenders to reorganise, develop new operational processes, deploy substantial resources and up-skill staff to effectively engage with customers who are experiencing mortgage repayment difficulties and arrears. Working with mortgage lenders, the Institute of Bankers, through its School of Professional [/FONT][FONT=%value]Finance, has developed a specialist education programme which, on successful completion, awards a Professional Certificate in Residential Mortgage Arrears.[/FONT]

[FONT=%value]The Certificate: [/FONT]

  • [FONT=%value]Is a University award from University College Dublin, at Level 7 on the National Framework of Qualifications; [/FONT]
  • [FONT=%value]Is delivered via one online module;[/FONT]
  • [FONT=%value]Can be completed by the end of May 2013.[/FONT]
[FONT=%value]The programme will:[/FONT]

  • Provide participants with knowledge and understanding into the research, recommendations and strategies from various reviews of mortgage arrears in this area. These include:
»» The Keane Report and its main recommendations;
»» The Mortgage Arrears and Personal Debt Group (The Cooney Report) and its main
recommendations;

  • [FONT=%value]Provide an understanding of Outsourcing in the context of mortgage arrears management, including the regulatory requirements that apply to the outsourcing of regulated activities.[/FONT]


  • Enhance and apply participants’ knowledge and skills in the direct engagement with mortgage customers who are experiencing financial difficulties, with the objective of developing a range of solutions. This involves:
»» Demonstrating, using an online model and detailed online case studies, how best to support
customers in completing the Standard Financial Statement;
»» Identifying appropriate alternative financial solutions specific to the case studies;
»» Highlighting the key behavioural skills, care and diligence which are necessary to effectively
engage with customers who are experiencing financial difficulties.


  • [FONT=%value]Provide participants with a detailed understanding of the Personal Insolvency [/FONT][FONT=%value]Act 2012[/FONT]
  • Deepen participants’ knowledge and understanding of the various consumer protection related regulations and requirements, including the Code of Conduct on Mortgage Arrears (CCMA) and the Mortgage Arrears Resolution Process (MARP)
  • [FONT=%value]Provide an understanding of Outsourcing in the context of mortgage arrears management, including the regulatory requirements that apply to the outsourcing of regulated activities.[/FONT]

We are now accepting registrations for the May 2013 exams. For further information, please see the programme brochure below.

Should you have any specific enquiries, please complete the Expression of Interest form below.

The Professional Certificate in Residential Mortgage Arrears is a specialist education programme that offers a unique, independent, university level qualification. I believe it is an important support to mortgage lenders and their staff.
 
Couple of us on AAM should club together and get the course material.

Would be useful to assist people approaching the banks for help.
 
Did anybody do this course?

I have just completed it - and have the course material.

I would be happy to copy the book and post it to any member - I would just need copy costs and postage covered as its quite big!
 
Hi Tomorrow

That sounds great. What was the course like? Could you set out the content for us?

Do they sell the book separately from the course?

Brendan
 
Hi Brendan

I found it good, from a professional point of view - I felt I needed to know the options available.
It was an online course - but the support from the course providers was very good.

I don't know if they sell the manual separately - I would suspect not as it was a replica of the online course material.

The material covered was:-
Intro to the Irish Residential Mortgage Market
Housing loans
The Cooney and Keane reports
Resolution Options - (CCMA, MARP, SFS etc etc)
Mortgages outside CCMA
The Repossession Process
Outsourcing
Personal Insolvency - DRN, DSA, PIA and Bankruptcy
 
It is probably well out of date on a few of the topics particularly The Repossession Process and insolvency.
 
Did anybody do this course?

I have just completed it - and have the course material.

I would be happy to copy the book and post it to any member - I would just need copy costs and postage covered as its quite big!

Hi tomorrow

I just came across the above thread. Do you still have the manual for this course as I'm thinking of starting it

Many thanks
Ros
 
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