SEB Borrower Workshop Explore our Course Catalog and contact your Radian Account Manager to schedule a session for your company. 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. Are you ready for your next loan file containing RSUs? 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. Start your day smarter. ), the act of planning is where the value is. Making the Loan Application Process Easier, Audience:Loan Originators and Loan Processors. Your audience. The footage of the webinar as well as an ear into the discussion can serve as a business resource after . Conventional Loan Training Courses - The Mortgage Training Center In a world where working remotely is common, we need to change how we do business. Our new Timely Topics video can assist you in preparing for these changes. Sign up here. This desire to build further change resilience requires a reinvigorated leadership focus on growing our employees capabilities and enhancing processes that drive development. In April 2020 alone, there was a reported 10% decline in self-employed individuals. 2023 Genworth Financial, Inc. All rights reserved. Our new 45-minute class will show you five key tipsyou can take to avoid potential time delays, and has been updated to include the NEW 1003 (URLA). How to Read AUS Findings Like a PRO, Focus on Assets: Acceptable Documentation and Eligible Sources, K-1 Comparison - The Differences Between FNMA and FHLMC (Micro Session), LPA Live! Forgot username or password? Learn the fundamentals of navigating through personal tax returns, including key components of the 1040 including Schedule 1, Schedule B, Schedule D and Schedule E. Discover when and why tax returns are needed, and how to recognize when tax returns are complete. Jun 2016 - Present6 years 10 months. What is Trended Credit Data? Our customer service team is here to help you and your family with claims or answer questions. self-paced training, timely videos, podcasts, and instructor-led live webinar sessions. Watch our step-by-step video tutorials on how to use Radians MI Online platform. Available formats: Webinar,OnDemand Video, Understanding Self-Employed Borrowers and Business Tax Returns, Audience:Loan Originators, Sr. This Learning Center page provides resources and training on originating & underwriting loans, Fannie Mae's underwriting applications, and best practices to help you get the most out of Fannie Mae mortgage products, the Selling Guide and technology applications. Learn how to calculate qualifying income using a cash flow analysis method. We will also discuss income continuance (when support documentation is required) and taxable vs. non-taxable income. Susan Carlson - LTC External Wholesaler - LinkedIn Learning & Development | Genworth 20-Minute Micro Session Self-employed Borrowers - Radian Guaranty, Inc. Intended Audience: new loan officers, processors and other mortgage operations professionals. In this hands-on course, you'll learn the proper adjustments to help qualify your borrowers. estate industries relied solely on the traditional appraisal report. 872012 Genworth Financial, Inc. All rights . Online virtual meetings are essential to successfully communicating with your customers and partners. Delivered by respected financial services industry experts, our webinars are timely, relevant and engaging. Our Essentials Training webinars are designed to deliver innovative, mortgage training courses to industry professionals like you. Expand your market of borrowers by learning the key points and unique features of the Fannie Mae HomeReady Program. In this mini-workshop we will discuss the basics of income calculation, including base, bonus, overtime and commission. to make learning and development activities more flexible, global, cost effective, and engaging. Enhanced Customer Service Through Better Business Communications, Best Practices in Professional Business Communication, Fannie Mae and Freddie Mac Renovation Programs, Understand the Basics for Fannie Mae and Freddie Mac Renovation Programs, Highlights Critical Areas of Purchase Transactions, Understanding Adjustable Rate Mortgages (ARMs), Leveraging Mortgage Insurance in Today's Market, Structuring Mortgage Insurance in today's market, Covers HPA 1998 and CFPB Bulletin, Termination Procedures, and Initial/Annual Disclosures, Managing the Middles - A Look at LTV Scenarios, How to differentiate yourself as an advisor in this competitive market. Access resources to First Time Home Buyers Education and Landlord Counseling. Sharing your expertise via online webinars helps establish you as a trusted financial advisor to a wide audience. Appraisal Appraisal Review Checklist Download PDF Single Family Appraisal Booklet Download PDF Condo Appraisal Booklet Download PDF Appraisal Forms List Download PDF Manufactured Housing Appraisal Booklet Download PDF This hands-on course includes analysis for a PARTNERSHIP (1065/K-1/Schedule F) using a cash flow analysis method. Forgot password? 2 Reference Information Course Levels Basic - Mortgage professional who is new to the mortgage industry with no experience to residential lending terms, definitions, practices or guidelines. This short video will define the LLPA, discuss the upcoming changes, and review ways for you to support your customers. 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. technology have changed creating a quicker, mor. 30-Minute Session Youll also review business tax returns and learn the differences between the business structures. Watch Full Recording Register Now 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower Income Why National MI? Get registered for training on AEP, OEP, selling strategies, plans and products, technology tools, and more. Essent Essentials K-1 Workshop is designed to shed light on the perplexities of income analysis for Partnerships and S-Corps. 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're committed to making a difference in our employees' lives. If you have a group for in-person, on-site training, we can provide that, too. We will also review the principles of profit and loss statement requirements, net operating loss carryover considerations and person debts paid by the business. The marketplace can be challenging, and salespeople must differentiate themselves to create and retain clients and referral partners. 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. Success leaves clues. 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. Contact Us Contact Us 888 GENWORTH(888 436.9678) Monday-Thursday8:30 AM-6 PM ETFriday9 AM-6 PM ET Contact CareScout at 800 571.1918 Search Search Genworth.com Aging & You Go BackAging & You Aging & Your Health Go BackAging & Your Health Hearing Impairments Vision Simulation Mobility Challenges Aging & Your Family First, knowledge environment where you are and what you know. Three keys to becoming a better listener. Learn how to calculate qualifying income for a self-employed borrower. Please enable Strictly Necessary Cookies first so that we can save your preferences! Review 8 FAQs about assets and get the answers! Never heard of SplitEdge? Radian National Training. Five Verbs that are the specific skills to make you a more effective communicator. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. 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. by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. The course is designed for the participant to gain an understanding of eligible and ineligible sources of funds, interested party contributions (IPCs), large deposits, business assets, reserves and acceptable documentation for assets. Employee Engagement Survey conducted on an ongoing basis to monitor employee satisfaction. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. Underwriting - MGIC In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. 12:00pm (PT) Originating and Underwriting Learning Center | Fannie Mae Hands-on exercises show you how to identify red flags and to understand the differences between fraud schemes and fraud techniques. Are you ready for the potential surge of Construction-to-Permanent loans as a result? Interest rates are rising! Success in mortgage lending starts with a high-performing team. Learn how to activate borrower paid deferred MI with the click of a button! For years, the. 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 Click, Notice of Insurance Information Practices. 11:00am (PT) Mortgage Insurance | Genworth Give us a call or send an email using the contact information below. Join one of our live webinars or learn on-demand at your own pace. As more employees move to work from home, companies are investing in tools and technologies that support a remote work environment. Mortgage Industry Training | MGIC Please join this 1-hour webinar that will be led by David MacDonald and Susan Seto who will provide in-depth insights and recommendations that you can use to develop your own strategies and programs to engage with your own customers who may be turning to you and your staff for help. Analyzing Appraisals for Single Family Residences, Identifying the Key Areas of the Uniform Residential Appraisal Report, Audience:Loan Processors and Underwriters. In MGIC's Residential Appraisal Review training webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. For a first-time homebuyer, the process comes with a lot of unknowns. Self-Employed Borrowers - Focus on Partnerships and S Corporations - MGIC Mortgage Training | Essent Guaranty Training Program 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. Instead, the loan is backed by private lenders, and its insurance is usually paid by the borrower. Find out why line items matter on a Schedule C! Free Webinars - Project Management and Leadership Skills This module will look at eligible sources for funds to close and reserves (if applicable) as well as the requirements for asset documentation. Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. Our foundations Series covers Real Estate Property Valuations Essentials. With guidance from an Essent facilitator, participants will learn to interpret the cadence with which a borrowers income is received and also practice calculating the base, monthly, qualifying income in nine separate exercises. What is a webinar and how does it work? A simple guide to webinar marketing 20-Minute Micro Session Accessory Dwelling Units or ADU's are becoming more common in mortgage transactions, yet many are unaware of the specific guideline requirements for this type of property. Session 3 - Evaluating Credit, Capacity, Capital & Collateral Learn some of the industry lingo while exploring the importance of Valid AUS Findings to the loan file. 20-Minute Micro Session Charles Kron - Training Consultant - Self-Employed | LinkedIn Financial Professionals login optionsopens in new window, MyCarescout Login TRID Compliance Training | TRID Guidelines, Rules, Regulations Self-Employed Borrower: Case Study Part II: Completing the - SlideShare 30-Minute Session Self-Employed Borrowers Focus on Getting Started and the Sole Proprietor, *MI Solutions It's Time To Rethink Your MI Strategy*, *Preventing Mortgage Fraud Take a Closer Look*, Evaluating and Calculating Borrower Income Focus on Fixed Sources, Self-Employed Borrowers Focus on Partnerships and S Corporations, *HomeReady Mortgage Overview with Fannie Mae*, Evaluating and Calculating Borrower Income Focus on Variable Sources, *Expand Your Defense with Our March Madness FAQ Session*, *The Economy in 2023: The Pause and the Pivot*, Self-Employed Borrowers Focus on Corporations and Financial Statements, *Unique Insights into Community Reinvestment Act (CRA) Performance Improvement*, *Another Dimension of Inclusion: Seeing the World Through the Lens of Ableism*. Residential appraisals continue to evolve. Stay connected to the latest mortgage insurance news, trends and expert insights with timely email alerts. Looking for more info on title services? Are you ready to discuss the Adjustable Rate Mortgage (ARM) option with your customers? Find everything you need to succeed right here, whether it be training, lead generation or networking. They also provide insight to help you better understand diverse homebuyers and their needs. Free CFPB & Federal Reserve TRID Webinars Genworth Calculator And Quick Reference Guide More and more loan files reflect different types of compensation. In this webinar, Andrew Oxley will teach you how to effectively deal with conflict. General Dwight Eisenhower said, Plans are nothing. National MI believes in expanding access to the American dream of homeownership. With guidance from an Essent facilitator, participants will practice calculating the eligible monthly qualifying income for four different variable income types. Understanding Loan Product Advisor - Advanced Guidelines and Updates, Updated Policy or Underwriting Changes or Clarifications, How to Determine if a Borrower Qualifies for the Program and its Benefits, Learn How to Properly Calculate Assets and Reserves for Mortgage Loans, Understand Fannie Mae's HomeReady Loan Program, Best Practices in Avoiding Common Underwriting Errors, Review Common Mistakes and Learn How to Avoid Them, Review of Partnership Income Form 1065 with Schedule K1, Fannie Mae 1084, and Review the K-1, 1065 and Solvency Test, Verify Sufficient Funds to Close by Completing the Two Examples, Review Different Types of Income and the LES (Leaving & Earning Statement), Review and Calculate Miscellaneous Employment Income, Bonus, Overtime, Commissions, Seasonal Income, Unemployment, Temporary Leave, Review S-Corporation - Form 1120S and 1040 with W2 and K1. FHA or Enact MI? 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. Learn More. You are protected This hands-on course includes analysis for a S-CORPORATION (1120-S/K-1) using a cash flow analysis method. Understand the impact of mortgage fraud, how to spot it and how to prevent it. (888 436.9678) Monday - Thursday: 8:30 AM - 6 PM ET. 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. Keeping these cookies enabled helps us to improve our website and display content that is more relevant to you and your interests. Our Valentine's Day gift to you 13 webinar . is here to help real estate & mortgage professionals of all experience levels stay educated. about experiencing the effects of aging firsthand. With this demand, buyers are paying more than the home is being appraised for. Visit our COVID-19 page for the latest information on our COVID-19 temporary underwriting guidance given the GSEs' updates on Feb. 15, 2023. MGIC > Introducing MGIC's Magic Minutes Training Series Quickly refresh or expand your industry knowledge and skills with our new Magic Minutes training series, Evaluating & Calculating Borrowers' Income. 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 . 10:00am (PT) IMPORTANT: Do not close this window until you enter the confirmation code. The First Decision Approval video covers all the key underwriting documents required to obtain an MI Approval for non-delegated submissions. Genworths success is dependent on our response to that change. List of Upcoming Live and Recorded Professional Webinars - findcourses.com 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. 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. The COVID-19 pandemic has demanded so many changes over the past year, including how the mortgage industry reviews loan files. Our featured live webinars focus on timely subjects, usually tied to recent regulatory changes, real-time events or current needs like how to navigate virtual meetings. You are protected So how do you assist your next borrower and help them purchase the home of their dreams? 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. Rental Income Training: The Nuts & Bolts of Rental Income