Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! Learn how to navigate the new Uniform Residential Loan Application (URLA), also known as the Fannie Mae Form 1003 and Freddie Mac Form 65. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. So how do you assist your next borrower and help them purchase the home of their dreams? Join us as we demonstrate types, break-even points and more. 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. 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. Learn More. Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. Login/Register 60-Minute Session 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. Selecting this will open a country selector model view. Making the Loan Application Process Easier, Audience:Loan Originators and Loan Processors. Not surprisingly, many of the traits shared by high-achievers are common-sense in theory, but not necessarily common practice (otherwise, everyone would be a high-achiever, right?). LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. Today its essential to meet with borrowers virtually and show howhow to upload documents, review conditions or appraisals is important. Arch MI offers a mix of live and on-demand webinars and customized on-site training. Whether youre new to the industry or a seasoned professional, Faster Closings delivers something for everyone. You will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. 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. IN NO EVENT SHALL GENWORTH BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER WITH RESPECT TO THE TRAINING AND THE MATERIALS. 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. In this first Back to Basics course, we review acceptable income for mortgage qualification, including employment and non-employment sources. Best-selling author, Jennifer Powers, joins professional podcaster, Mark Tucker, for a 5-part series on Emotional Intelligence. 1-Day Course:This one-day hands-on fundamentals course delivers information that you can use to be a successful mortgage industry team member. Whether you communicate in-person or online, with spoken words or written words, delivering a clear and compelling message is more challenging than ever. Self-Employed Borrower Form 91 Part I - The Personal Tax Return Webinar April 17, 2023 @ 12PM EST Self-Employed Borrower Form 91 Part II - The Business Tax Return Webinar April 24, 2023 @ 12PM EST Navigating Mutual Threats & Opportunities with your Realtor partners Guide in understanding customers and their needs . Give your loved ones the confidence of knowing they will always be cared for. Forgot username or password? The webinar can be on-demand or streamed live as long as it teaches viewers about a certain subject of interest or how to gain a specific goal. 2023 Genworth Financial, Inc. All rights reserved. This dynamic discussion highlights the expansion of diverse markets and strategies you can leverage to address this market shift. Call. Technical Skills by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. Essentials Training Keep Your Career On The Right Track Whether you're new to the industry or a seasoned professional, our live webinars, self-paced learning modules and powerful analysis tools offer something for everyone. Success in mortgage lending starts with a high-performing team. Toggle Nav. MGIC's recorded tutorial videos are available on-demand and at no charge, offering the guidance you need, when you need it. For years, the. Need a refresher? 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. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. Understand what documents to gather, how to review and verify required documentation, and prepare the loan application for underwriting. Genworths success is dependent on our response to that change. But after this 60-minute webinar, you'll be able read one like a pro. This video highlights the functionality supported by Radian within Encompass to order and simplify the title process. With National MI University, you have access to training resources that cover more than just industry-leading topics. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter, Looking for more info on title services? With guidance from an Essent facilitator, participants will practice calculating the eligible monthly qualifying income for four different variable income types. 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. The Global Learning & Development team offers our employees opportunities to grow and develop in and out of the classroom. With National MI University, you have access to training resources that cover more than just industry-leading topics. 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. Navigating and Evaluating Personal Tax Returns, Audience:Loan Originators, Loan Processors and Underwriters. We have sent a temporary Confirmation Code to the email address you provided. Its been discovered that motivated buyers will use the first person that calls them back 80% of the time. 1065/K-1 Partnership Analysis (with Schedule F) - Self-Employed Borrower, 1065/K-1 Partnership Analysis Self-Employed Borrower, 1120 Corporation Analysis - Self-Employed Borrower, 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower, Analyzing Income for the Self-Employed Borrower, DU Live! We prepare your frontline, compliance team, executive leadership and board of directors with comprehensive . 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 . 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. 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. Reach NextGen, Multicultural, and Multigenerational Homebuyers and learn more about how you can better educate and serve this important and vital demographic. Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! 24/7 access Online library of interactive courses Short videos help maximize your learning experience Timely podcasts you can listen to while on the go Supplemental activities reinforce important concepts and apply what have you learned Engaging workbooks and training materials bolster your knowledge Explore On-Demand Foundation On-Demand Series The Fannie Mae Learning Resource Center offers a wide range of materials to help you do business with Fannie Mae. 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 thought of purchasing a home might be daunting for many. Genworth values all perspectives, characteristics and experiences so that employees are able to bring their full, authentic selves to work to help each other and our company succeed. Indexes, margins, caps and more3/6, 5/6, 7/6 to explore. Radian Guaranty Inc's MI Online customer portal offers you an easy tool to submit your MI order to Radian. Learn how to put our powerful solutions to work for your business. Available formats: Webinar,On-Demand Video, On-Site Training (Contact your Arch MI Account Manager), The First Step in Understanding Acceptable Qualifying Income, Audience:Loan Originators, Loan Processors, Jr. Underwriters. Just use the dropdown menus to find the webinar or local event that's right for you. 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 hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. Practice calculating variable income analysis using two commonly encountered types of income. 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. Learn on the go with the Radian National Training On Air podcast series. with Genworth functions, businesses, human resources managers, and talent development leaders. 30-Minute Session His podcasts present smart tips, expert guidance and innovative approaches that can transform your prospects. Ask Yourself Whether a Webinar Is the Right Tool for Your Needs. Your audience. Get access to helpful tools that can help make your job easier. Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. Diversity, Equity & Inclusion, Social Responsibliity, National MI Benefits, Current Job Openings, Creating Clients the Ninja Way with Rebecca Lorenz, Insights from the 2023 NextGen Womens Homeownership Report with Kristin Messerli. Learn the differences between FNMA & FHLMC guidelines for calculating your self-employed borrowers income when they own a K-1 business. 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. That's where the deep financial services experience of OnCourse Learning can make all the difference. 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. Available formats: Webinar,On-Demand Video, The Basics of Self-Employed Borrower Income Calculation. Learn how to support your Mortgage Insurance (MI) origination and servicing needs, including Non-Delegated MI, Delegated MI, and Contract Underwriting. Watch Webinar Recording Self-Employed Borrowers - Focus on Corporations and Financial Statements This webinar was recorded on January 26, 2023. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Success leaves clues. Are you ready for the potential surge of Construction-to-Permanent loans as a result? 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. FHA or Enact MI? Whether you are an originator or an underwriter, we have the resources and answers you need to understand how mortgage insurance can benefit you and your borrower. Confused about K-1s? This video will provide the details you need for that next customer conversation. 60-Minute Session To get started with ordering MI and servicing assistance from MGIC, begin with a review of our submission options and helpful resources. Our R70i Aging Experience is a new way to start the conversation about long term care. Keeping these cookies enabled helps us to improve our website and display content that is more relevant to you and your interests. As more employees move to work from home, companies are investing in tools and technologies that support a remote work environment. In this fifth session, they will cover the competency of self-perception where participants will rate their current level of competency, engage in rich discussion to increase their awareness, and identify opportunities to leverage and/or increase their interpersonal skills. Correctly calculating income is fundamental to insuring a member qualifies for a loan. Intended Audience: New loan officers, processors and other mortgage operations professionals. 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. From mortgage industry and GSE updates to technical AUS training and professional development, there's something for every skill level and role. We are committed to help you plan for your long-term care needs and to helping you make informed decisions. Learn how the Borrower-Paid Single Mortgage Insurance option works for borrowers and lenders. Join one of our live webinars or learn on-demand at your own pace. Sagen offers professional development workshops that . Understand the impact of mortgage fraud, how to spot it and how to prevent it. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. 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. Watch. These fees may have a direct impact to both lenders and borrowers. Learn how different storytelling techniques, presentation materials, and delivery styles can improve how you give presentations to others. Knowing these costs is a first step in helping you plan for the future. Learn more about all of the training courses Arch MI has to offer! Interest rates continue to rise to levels we have not seen in years. (Established professionals may also find this course a good refresher.). Advanced Knowledge of training needs analysis, design, and development. We are often asked how mortgage insurance can support Construction-to-Permanent transactions. In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. Learn the five-step GRASS method, three common mistakes to avoid and the most important (and sometimes the most difficult) thing your plan should include. Quickly refresh or expand your industry knowledge and skills with our new Magic Minutes training series, Evaluating & Calculating Borrowers Income. Learn the 3 big benefits of proving liquidity in your self-employed borrowers businesses. 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. 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