MD Ethics, Flipping, & Predatory Lending

Meeting date May 3, 2021 9:00 am
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The course offers an in-depth analysis of ethical considerations from both a historical and philosophical standpoint. It discusses the regulatory and legal framework of the NAR Code of Ethics, its mandatory prescriptions, and the guidelines for ethical business operations. The participants are exposed to a wide array of relevant rules, laws, and regulations on ethics and morality, the relationship between the two concepts, and the necessity to imbibe the prescriptions of the NAR Code of Ethics. The express provisions of the Preamble, Articles, Standards of Practice, and Case interpretations are thereafter discussed in finer details to enhance the participant’s understanding of the ethical expectations imposed on them. The course further deals with predatory lending and illegal flipping practices and suggests ways to handle and resolve incidents of these practices.