This dynamic discussion highlights the expansion of diverse markets and strategies you can leverage to address this market shift. The more familiar you become with typical secondary market guidelines, learn what valuation methods are available, and develop a deeper understanding of certain cautionary items that . The Fannie Mae Learning Resource Center offers a wide range of materials to help you do business with Fannie Mae. We are committed to help you plan for your long-term care needs and to helping you make informed decisions. Use Rate Express to compare your MI quote to FHA. Key Partnerships with learning and development companies. Collaborated with Genworth Sales Staff to strengthen customer relationships through training, to leverage customer decisions and to help ensure Genworth received a stronger book of business . Todays employers have found unique ways to compensate or reward their employees. The footage of the webinar as well as an ear into the discussion can serve as a business resource after . We do this by providing private mortgage insurance to low down-payment borrowers while protecting lenders and investors against losses related to default. to make learning and development activities more flexible, global, cost effective, and engaging. Defining common terms and theories, such as nonrecurring vs. recurring income or expenses, distributions and guaranteed payments, will help you develop a clearer picture of your self-employed borrower's income and financial standing. Monday-Thursday 8:30 AM-6 PM ET. You may need to adjust your speaker volume. Youll learn how to identify the types of individuals you could most likely conflict with, redirect conversations to a positive conclusion, and create alignment between you and the person you are experiencing a conflict with. Using real world examples, participants will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. To get started with ordering MI and servicing assistance from MGIC, begin with a review of our submission options and helpful resources. Just use the dropdown menus to find the webinar or local event that's right for you. Our goal is to offer competitive pricing using risk-based technology while delivering outstanding service to our lender customers. Sharing your expertise via online webinars helps establish you as a trusted financial advisor to a wide audience. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. Advanced Knowledge of training needs analysis, design, and development. When determining whether a webinar is the best medium for your needs, consider. This hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. In this hands-on course, you'll learn the proper adjustments to help qualify your borrowers. Click, Looking for more info on MI Online or need to register as a new user? In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. 872012 Genworth Financial, Inc. All rights . Radian's MI Online customer portal makes submitting and activating MI quick and easy. At no additional cost to you or your borrower, upon closing, borrowers can select one of three benefits to add another layer of security to their lives. National MI believes in expanding access to the American dream of homeownership. Our full-time trainers are mortgage industry experts. Learn a full spectrum of mortgage concepts, from the fundamentals to the complex. Combine that with the recent pandemic environment and it is not surprising that your customers have varying needs and comfort levels for communication and engagement. Login to track the status of your submitted claims and payments. Free CFPB & Federal Reserve TRID Webinars Instead, the loan is backed by private lenders, and its insurance is usually paid by the borrower. Bring your calculator and be ready to practice what you learn. Audience:Loan Processors andJunior Underwriters. Gain industry knowledge and essential skills from the experts at MGIC, the industrys leading mortgage insurance authority. With guidance from an Essent facilitator, participants will practice calculating the eligible monthly qualifying income for four different variable income types. Radian National Training. Learn simple techniques you can use to set loans up for success. Whether you are a seasoned mortgage professional or new to mortgage lending, this video contains a lot of useful information to ensure success when working with Radian. We prepare your frontline, compliance team, executive leadership and board of directors with comprehensive . This will include an overview of how it works, the different types of MI products and how it can be cancelled on a mortgage loan. In this 1-hour webinar, we will show you threeeasymethods to begin using immediately to achieve next level productivity in both your personal and professional life. Training solutions include a comprehensive list of items to help like job aids . Watch Webinar Recording How to Read a Credit Report in Under 5 Minutes Who Should Attend: Loan Officers, Processors, Underwriters Being able to confidently review a credit report with your borrower isn't always easy. March 2023. 2, 8th Floor. We offer over 400 webinars per year for bankers on compliance, BSA/AML, coaching, lending, bank call reporting and TRID - as well as hot topics on pandemic preparedness, Cares Act . This short video will give you the info you need to know for your next construction loan review. Review the W-2, 1120S & K1 Using Fannie Mae's 1084. Review and Calculate Miscellaneous Non-Employment Income, Review Income Sources (such as Public Assistance, Disability, Tips, Foster Care, Social Security), Appraisal Underwriting - Part I The Basics, Reviews Basic Appraisal Theory and the Concept of Market Value, Liabilities: Calculating and Modifying the DTI, Review the Relationship of the P&I vs. Borrower Debt to the DTI, Self-Employed Borrower Form 1084 Part I - The Personal Tax Return, Calculate Income for Fannie Mae from Personal Tax Returns, Review Basic Calculations of Salary and Hourly Income, Self-Employed Borrower Form 1084 Part II - The Business Tax Return, Calculate Income for Fannie Mae for Partnerships and S Corporations, Including K-1 Income, Effective Application Interviewing and Review, What is Needed for a Complete Uniform Residential Loan Application, Appraisal Underwriting - Part II Focus on the Sales Comparison, Current Issues Surrounding the Sales Comparison Section of the Uniform Residential Appraisal Form, Rental Income Calculator and Quick Reference Guide for Rental Income, Completion of Schedule F Using 1084 Cash Flow Analysis Form, Utilize Resources to Grow Business - Focus on Actions that Create Loyalty, Critical Thinking and Problem Solving: Structuring a Loan Application. You are protected Check out our latest posts below, and be sure to listen in to our latest episode. These fees may have a direct impact to both lenders and borrowers. Strategies for Achievement Learned on a 500-Mile Trek Across Spain. 30-Minute Session Join IIL's free webinars, for skilling up on project management, leadership, agile and scrum, communication, and work-life balance. If you have a group for in-person, on-site training, we can provide that, too. In this recorded webinar, we will show how to set up, invite and host online webinars, FaceBook Live Events and post videos onto YouTube to educate, inform and promote. SEB Borrower Workshop Explore our Course Catalog and contact your Radian Account Manager to schedule a session for your company. Understand what documents to gather, how to review and verify required documentation, and prepare the loan application for underwriting. In this session, youll learn: Available formats: Webinar (Contact your Account Manager), On-Site Training (Contact your Account Manager), Ten Tips That Turn the Tide in Your Favor, Audience:Loan Originators and Mortgage Management Professionals. Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . These cookies dont collect information that identifies you personally as a visitor. This practical, hands-on course is designed to walk the participant through a thorough analysis of self-employed borrower income by completing a full cash flow analysis. Contact Customer Service. Why National MI? Increase your knowledge of fraud by understanding what defines it and how it impacts the mortgage industry. 20-Minute Micro Session Available formats: On-Site Training (Contact your Account Manager), Five Steps to Better Goal Setting and Planning. Gain quick access to the latest underwriting guidelines for MGIC mortgage insurance. technology have changed creating a quicker, mor. During this session, we will break down K-1s for both Partnerships and S Corporations and demonstrate how to calculate qualifying income. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. In this session, plan to take inventory of your connections and identify whom you want to re-engage with and how. Click any title below to learn more and register. Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. National Training Expand your skills and gain a competitive edgeon your time and in your preferred formatwith Radian's industry-leading training for mortgage professionals. Five Values that establish your intentions and ensure your communication is understood and acted on. Radian Guarantys SplitEdge MI, commonly called a split premium, divides the MI premium flexibly, between an upfront payment, and reduced monthly payments! TRID also regulates how much lenders can . Dont worry! Financial Professionals login optionsopens in new window, MyCarescout Login Get acquainted with Title and what to expect during the Pre-Closing, Closing, and Post-Closing processes, including key steps involved in obtaining a Title. LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. Skip to Main Content Join "LinkedIn Whisperer" Brynne Tillman for session three of the "Mastering LinkedIn for Mortgage Professionals" series where shell uncover a crucial aspect of social selling. It's not rocket science, so why can't this be you? Share this document with a friend. by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. An alternative to FHA financing, HomeReady is designed for creditworthy, low-to moderate income borrowers and includes expanded eligibility for financing homes in designated low-income, minority and disaster-impacted communities. Long Term Care Insurance Claims. ESSENTIAL. Enhance your reputation by aligning your market, message and media. Join one of our live webinars or learn on-demand at your own pace. Forgot password? 60-Minute Session support Construction-to-Permanent transactions. We use cookies to give you the best experience on our website. 30-Minute Session Whether youre new to the industry or a seasoned professional, Faster Closings delivers something for everyone. In addition to helping our employees with their training, leadership, and development needs, we also partner with various learning and development companies to help our employees drive their business performance. Mortgage fraud has been around a long time and it continues to be one of the fastest-growing crimes in the United States. This unique professional development opportunity provides insights on how to grow and expand your skills to achieve more happiness and success at home and work. Find out the actual cost of a variety of long term care options nationally, as well as right where you live. Cookies help us improve your website experience. NMI Holdings, Inc. (NASDAQ: NMIH), is the parent company of National Mortgage Insurance Corporation (National MI), a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. In this first Back to Basics course, we review acceptable income for mortgage qualification, including employment and non-employment sources. Genworth is committed to helping families become more financially secure, self-reliant, and prepared for the future. Learn how to differentiate yourself from the competition and gain market share by becoming the best choice for mortgages among borrowers and Realtors. For a first-time homebuyer, the process comes with a lot of unknowns. We'll review what each ratio represents, why and how it is used in an analysis and where and how it functions in the decision-making process. COURSES & REGISTRATION See our full list of upcoming classes and register. This short video will show you how Radian supports these transactions. Mortgage Fundamentals is an essential course for those newer to the mortgage industry. In this second course of the Back to Basics Income Fundamentals series, we review documentation requirements, explore the components of paystubs and W-2s, discuss how to determine pay cycle frequency and provide an overview of mandatory payroll deductions. Mortgage Market Conditions provides insight into the current market, the challenges facing today's mortgage professionals and suggests some Radian tools and resources you can leverage to connect with consumers. We'll walk you through loan scenarios designed to introduce the rental income guidelines, and highlight any differences between Agency guidelines pertaining to rental income. See plans and pricing Sign in Create connections and drive engagement with webinars Get started Learn how to host webinars in Microsoft Teams and find helpful resources. Find out why line items matter on a Schedule C! Effective May 1st, the GSEs, Fannie Mae & Freddie Mac, have announced that there will be changes made to the loan level pricing adjustments, or LLPA, fees. by ensuring employees have a deep understanding of our industry, business, and customers, as well as applying that knowledge in their role. Use Arch MI resources to assist you in your loan processing review. See what webinars are coming up! Navigating and Evaluating Personal Tax Returns, Audience:Loan Originators, Loan Processors and Underwriters. Contact yourArch MI Account Managerfor details. IMPORTANT: Do not close this window until you enter the confirmation code. Here is a list of some of our favorite free TRID training links: Free CFPB TRID Implementation Page. Join us for a lively discussion on ARM components, how to accurately qualify your borrower and when it is the right "fit" for your scenario. Knowing these costs is a first step in helping you plan for the future. Learn the two things customers need to trust to do business with you, what bothers borrowers and Realtors the most about the loan process, and how to separate yourself and sound different from the competition. These on-demand, quick-hitting videos bring you essential knowledge in 15 minutes or less. Processors andUnderwriters. Call. We're committed to making a difference in our employees' lives. Arch MI is excited to bring you this important information with industry professional Ginger Bell. Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. Never heard of SplitEdge? Residential appraisals continue to evolve. 2023Essent Guaranty, Inc. All Rights Reserved. Mortgage professionals participating in this course will learn Agency guidelines for analyzing variable income in addition to learning how to identify potential sources of variable income. Filter below to browse by topic, select format (such as Recorded), or display calendar view. Management Training Webinar Options. to the residential appraisal. Webinar steps Before the webinar The organizer: Schedules the webinar well in advance, usually by several weeks.