Watch Webinar Recording Evaluating and Calculating Borrower Income - Focus on Fixed and Variable Sources Who Should Attend: Loan Officers, Processors, Underwriters Webinar Materials: https://www.mgic.com/training/seminar-materials/evaluating-and-calculating-borrower-income This short video will provide you information on a major policy update from Fannie Mae as well as access to the tools needed for your borrowers. New to the industry? Free CFPB & Federal Reserve TRID Webinars That's where the deep financial services experience of OnCourse Learning can make all the difference. Click here. In this featured webinar, Kristin Messerli, leading strategist on NextGen finance and homeownership, will provide participants with new research and best practices to design better housing and finance solutions for millennial and Gen Z women to boost sales and revenue in 2023. 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. For years, the mortgage and real estate industries relied solely on the traditional appraisal report. SEB Borrower Workshop Explore our Course Catalog and contact your Radian Account Manager to schedule a session for your company. Housing and Mortgage Market Review (HaMMR). Understand what documents to gather, how to review and verify required documentation, and prepare the loan application for underwriting. A webinar can be a powerful training and outreach tool, but the decision to use a particular tool should be based on your goals and the needs of your audience. General Dwight Eisenhower said, Plans are nothing. Available formats: Webinar,OnDemand Video, Understanding Self-Employed Borrowers and Business Tax Returns, Audience:Loan Originators, Sr. 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. 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. Invite your attendees, plan your event logistics, and decide on a webinar promotion strategy. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter (DU) changes that may have a direct impact on the loans in your pipeline. So how do you assist your next borrower and help them purchase the home of their dreams? One type of reward we are seeing more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. Now is the time to learn more about the ARM and how it can be beneficial to many. In MGIC's Residential Appraisal Review training webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. Arch MI is excited to bring you this important information with industry professional Ginger Bell. Access resources to First Time Home Buyers Education and Landlord Counseling. Intended Audience: new loan officers, processors and other mortgage operations professionals. COURSES & REGISTRATION See our full list of upcoming classes and register. It's not rocket science, so why can't this be you? While we hope that you will find our free TRID training resources on this site beneficial, we wanted to also provide you with a few other free TRID training resources that might be beneficial to you. We design our products around what you need, whether youre just starting out or facing the issues of aging. This course will help you strengthen your mortgage skills and knowledge. The temporary buydown is making a comeback, but do you know how it works? This short video will give you the info you need to know for your next construction loan review. 20-Minute Micro Session Looking for more info on MI Online or need to register as a new user? Learn about checking and savings accounts, establishing ownership, stocks, bonds, mutual funds, and more. Select a course category below to see what topics are offered under each and how to access: Learn about Mortgage Insurance (MI): What it is, how it works, why it provides value to lenders, investors, borrowers and how it helps build a path to homeownership! We have sent a temporary Confirmation Code to the email address you provided. In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. The COVID-19 pandemic has demanded so many changes over the past year, including how the mortgage industry reviews loan files. Dont worry! Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. conducted on an ongoing basis to monitor employee satisfaction. These fees may have a direct impact to both lenders and borrowers. In this course, we will dive into the fundamentals of self-employed borrower income calculation, including allowable add-backs and required deductions. Call. Use Rate Express to compare your MI quote to FHA. Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. See what webinars are coming up! Select Download Format Genworth Calculator And Quick Reference Guide Download Genworth Calculator And Quick Reference Guide PDF Download Genworth Calculator And Quick Reference Guide DOC Site is lenders, and enforceable mortgage insurance During this session we will discuss what DU reviews; the Importance of data integrity and we will highlight key areas of interest on the Summary Report and the UW Analysis Report. In this short video, Radian National Training will touch on how these fixtures can impact the mortgage process. support Construction-to-Permanent transactions. Mortgage fraud has been around a long time and it continues to be one of the fastest-growing crimes in the United States. Webinar steps Before the webinar The organizer: Schedules the webinar well in advance, usually by several weeks. You are protected We are often asked how mortgage insurance can support Construction-to-Permanent transactions. Most webinars grant participants access to the webinar series upon completion of the live webinar. Right now, you can know you're getting the right MI rate for your borrowers by quoting with MiQ. We do this by providing private mortgage insurance to low down-payment borrowers while protecting lenders and investors against losses related to default. Well break down mileage depreciation, and how to know if you can include an additional add-back (Schedule C), and review the different requirements for utilizing Corporate cash flow. Watch Webinar Recording Self-Employed Borrowers - Focus on Corporations and Financial Statements This webinar was recorded on January 26, 2023. 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. The thought of purchasing a home might be daunting for many. Intended Audience: new loan officers, processors and other mortgage operations professionals. Here is a list of some of our favorite free TRID training links: Free CFPB TRID Implementation Page. Friday 9 AM-6 PM ET. We deliver skill-building training programs and special events right to your desk through our webinars. FHA or Enact MI? During this session, we will break down K-1s for both Partnerships and S Corporations and demonstrate how to calculate qualifying income. The First Decision Approval video covers all the key underwriting documents required to obtain an MI Approval for non-delegated submissions. Essentials of Mortgage Lending (1 or 2-Day Course), Understanding the Fundamentals of Home Loans. This personalized tool provides information to help you think about the median cost of care you may require in the future, and see how estimated future coverage may align with potential long-term care needs. We've expanded our Nontraditional Credit Guidelines. As more employees move to work from home, companies are investing in tools and technologies that support a remote work environment. In this 60-minute online workshop, you'll learn the why behind allowable add-backs in the cash flow analysis of investment property and receive hands-on practice using our Cash Flow Analysis Worksheet. Learn how to use the redesigned Uniform Residential Loan Application or URLA (also known as Fannie Mae Form 1003 and Freddie Mac Form 65), to process your loan application. Learn about the various tax returns and forms in this introductory class. Ask Yourself Whether a Webinar Is the Right Tool for Your Needs. A webinar, short for 'web-based seminar', is an online presentation, meeting, or workshop that allows individuals or groups to interact in real time. Whether youve been in the business for decades or have just taken on a new role, youll benefit from 10 tips for communicating effectively with mortgage referral partners to gain a regular stream of business. Modules focus on the Three Cs of mortgage lending, including credit, income, assets and collateral. TRID regulations govern the mortgage process and dictate what information lenders are required to provide to borrowers - as well as when they are required to provide it. Please check your mail and enter the code here. Monday-Thursday 8:30 AM-6 PM ET. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. 10:00am (PT)
In this webinar, Rebecca Lorenz of Ninja Selling will show you how to generate value for your clients and referral partners to build a robust pipeline. 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. Enhance your understanding of self-employed borrowers and develop an understanding of the components of business tax returns. You may need to adjust your speaker volume. 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. Online virtual meetings are essential to successfully communicating with your customers and partners. 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. Fannie Mae has adjusted loan criteria and updated their systems to accommodate more borrowers without credit scores and help simplify the process for lenders. The Arch MI Tax Return Analysis Calculator, Audience:Loan Originators, Processors andUnderwriters, The AMITRAC (Arch MI Tax Return Analysis Calculator) is an interactive and intuitive spreadsheet that follows the SAM method of tax return analysis. Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. Live Webinars. Learn when and why social media can benefit your business, including tips on driving lead generation. Mortgage Fundamentals is an essential course for those newer to the mortgage industry. Bring your calculator and be ready to practice what you learn. Building Your Business with Webinars, Facebook Live Events and YouTube. Discover why you will, too. Date post: 28-May-2020: Category: Documents: Author: others View: 1 times: Download: 0 times: Download Report this document. Processors andUnderwriters. In a world where working remotely is common, we need to change how we do business. Success leaves clues. I always walk away with something, even if it's a little tip or trick, from every MGIC webinar.. Advanced Knowledge of training needs analysis, design, and development. Get an overview of The Three Cs of mortgage banking including income/employment, assets/reserves and ratios. Review 8 FAQs about assets and get the answers! Training Resources Get instant access to the tools, guidance and training materials for our professional education courses. Reach NextGen, Multicultural, and Multigenerational Homebuyers and learn more about how you can better educate and serve this important and vital demographic. Share this document with a friend. We have committed to developing our employees because these changes in the marketplace require new competencies. 800-444-5664 [email protected] EnactMI.com ABOUT US There's no place like home. These on-demand, quick-hitting videos bring you essential knowledge in 15 minutes or less. Arch MI offers a mix of live and on-demand webinars and customized on-site training. Leading the private mortgage insurance industry by supporting our customers and helping borrowers find a better way to achieve their dreams of homeownership. Audience:Loan Processors, Loan Processors and Jr. Underwriters. Build organizational capability and employee engagement by enhancing: Business Acumen by ensuring employees have a deep understanding of our industry, business, and customers, as well as applying that knowledge in their role. 20-Minute Micro Session Session 3 - Evaluating Credit, Capacity, Capital & Collateral. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. Learn the 3 big benefits of proving liquidity in your self-employed borrowers businesses. Genworth: Financial Solutions for Long Term Care Check the Status of Your Claim Now Login to track the status of your submitted claims and payments. If you have ever thought to yourself, how does she get it all done or how does he have time to attend classes while working full time, then this course is for you. Our Customer Training Program is a best-in-class educational curriculum teaching the key skills, techniques and best practices needed to build your team's confidence and grow your share of originations. More and, more loan files reflect different types of, compensation. Genworths success is dependent on our response to that change. We also offer a selection of on-demand webinars, also up-to-date, but that can be watched at your convenience. Our podcast library features industry leading experts from finance and personal growth. Get access to helpful tools that can help make your job easier. Strategic Business Partnerships with Genworth functions, businesses, human resources managers, and talent development leaders. Discover how our homebuyer education program can connect you with more potential borrowers. Selecting this will open a country selector model view. We use cookies to give you the best experience on our website. About Mortgage Insurance, Why Mortgage Insurance, Why Private MI over FHA, Underwriting Options, Delegated Underwriting, Non-Delegated Underwriting, Underwriting Guidelines & Checklists, Underwriting Guidelines, Delegated Required Documents, Non-Delegated Required Documents, Current Bulletins, Products & Rates, Premium Product Comparison, Agency Coverage Requirements, Borrower-Paid MI, Lender-Paid MI, Affordable Lending, Traditional Rate Cards, Refund Schedule, Cancelling Borrower-Paid MI, MI Cancellation Flyer, MI Cancellation FAQs, HoPA Cancellation, Non-HoPA Cancellation, Credit Union Archived Bulletins, Credit Union Rate Cards, Podcast Catalog, Training Catalog, Featured Training of the Month, E-Learning Log In, Reaching NextGen, Multicultural & Multigenerational Home Buyers, Borrower Education, About Rate GPS, Rate GPS User Guide, Rate GPS FAQs, AXIS Log In, AXIS Quick Start Guide, AXIS FAQs, AXIS Resources, Mortgage Qualification, Fixed Rate Mortgage Payments, Adjustable Rate Mortgage Payments, Balloon Mortgage Payments, Digital TRID Pencil Calculator, Master Policy Resources, Master Policy, Rescission Relief Guide, Servicing Guide, Underwriting Resources, Economic Market Snapshot, Board of Directors, Events & Presentations, Historic Stock Lookup. We understand each Servicers unique business practices and are committed to helping Servicers maintain an up-to-date and accurate portfolio. Learn More. Our foundations Series covers Real Estate Property Valuations Essentials. Get the latest updates, industry trends, and guideline changes on GSE-related policies. 2023Essent Guaranty, Inc. All Rights Reserved. Gain a basic understanding of the Self-Employed Borrower by learning about the various business entities, their required tax forms and how to calculate liquidity for these types of borrowers. Cookies help us improve your website experience. Learn how to calculate qualifying income for a self-employed borrower. Find everything you need to succeed right here, whether it be training, lead generation or networking. 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 . by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. ESSENTIAL. Planning is everything. While many things can affect a plan (COVID-19, anyone? Are you ready for your next loan file containing RSUs? 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. The mortgage industry is starting to see the documentation reflecting those impacts in loan files. Our full-time trainers are mortgage industry experts. In this step, you'll start putting together your webinar outline and lay down the groundwork i,e. How to Read AUS Findings Like a PRO, Paystubs - Frequency & Formulas (Micro Session), Quick Tips for Bonus/Overtime (Micro Session), Schedule C - Why Line Items Matter (Micro Session), The Nuts & Bolts of Rental Income: Solving & Simplifying the When & How, Understanding Business Liquidity (Micro Session). Leadership and Professional Development capabilities that empower employees to create and execute on their development plans to be the most effective in their role and impactful to the business. High demand and low inventory are driving purchase prices well above the list price. Get easy access to National MI courses and our previously recorded webinars. Our R70i Aging Experience is a new way to start the conversation about long term care. First, knowledge environment where you are and what you know. Browse Classes CLASS CALENDAR Discover untapped markets for additional business, understand the importance of content marketing, know what your borrowers value in a lender, create unique competitive advantages and examine a framework for selecting Realtor partners. More and more loan files reflect different types of compensation. Watch Full Recording This is the course for you! Our Valentine's Day gift to you 13 webinar . View Borrower Education NextGen, Multicultural, Multigenerational In this webinar, Ginger Bell will demonstrate how to share your screen with borrowers via virtual meetings and record videos using Zoom. Your guide to using mortgage origination and servicing tools. These fees may have a direct impact to both lenders and borrowers. Suggested Prerequisite: Business Tax Returns 201, Unique Considerations for Partnerships and S Corporations. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Calculating income for self-employed borrowers is an ongoing challenge. 1. In less than 10 minutes, we will define it, discuss Desktop Underwriter as it relates to trended credit data and talk about the impact that trended credit data will have on Arch MI-insured loans. Sign up here. In this course you'll learn the basics of mortgage insurance. Login to track the status of your submitted claims and payments. 20-Minute Micro Session Understand the factors that make up a credit score, and the fundamentals of mortgage risk. Led by our team of experienced educators, youll get hands-on, practical training on topics that are relevant to your everyday operations. Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. Blaine Rada, the host of Arch MI's Insights podcast series, is an experienced training coach and industry speaker who understands the challenges of competing for business in the mortgage marketplace. Educate, optimize and streamline your lending process with MGICs vast library of tools, resources and marketing materials. This short video will show you how Radian supports these transactions. technology have changed creating a quicker, mor. 30-Minute Session 60-Minute Session Learn how to put our powerful solutions to work for your business. Embed Size (px . With the increasing popularity of video content in marketing, webinars have become a go-to strategy for businesses looking to educate, engage, and convert their audience. 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. 60-Minute Session Learn the mathematical formulas for five key ratios used to assess the risk associated with mortgage loans. This webinar was recorded on January 24, 2023. It's as easy as 3,2,1! In this workshop, you'll learn how to identify when fraud and misrepresentation are occurring. 30-Minute Session Learning Technology to make learning and development activities more flexible, global, cost effective, and engaging. In this webinar, Andrew Oxley will teach you how to effectively deal with conflict. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. Visit our COVID-19 page for the latest information on our COVID-19 temporary underwriting guidance given the GSEs' updates on Feb. 15, 2023. 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. The footage of the webinar as well as an ear into the discussion can serve as a business resource after .