CampusMBA to Help Train Egyptians

CampusMBA, the education arm of the Mortgage Bankers Association, has been retained as a consultant to help develop training programs for the Egyptian mortgage industry.The MBA said CampusMBA will work with the Egypt Financial Services Project of the U.S. Agency for International Development in designing the materials. MBA representatives traveled to Egypt in May to determine the curriculum needs of banks, mortgage companies, and the Egyptian Mortgage Finance Authority, an agency of the nation's Ministry of Investment. CampusMBA has recommended that the curriculum include training on mortgage origination, underwriting, processing, and servicing, as well as raising awareness among borrowers about the mortgage process. The MBA can be found online at http://www.mortgagebankers.org.