High demand and low inventory are driving purchase prices well above the list price. You will also be pointed to helpful resources that you can utilize. Targeted or advertising cookies collect information about your browsing habits. by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. 10:00am (PT) Selecting this will open a country selector model view. Get easy access to National MI courses and our previously recorded webinars. 90 minutes. . Learn about checking and savings accounts, establishing ownership, stocks, bonds, mutual funds, and more. Calculating income for self-employed borrowers is an ongoing challenge. ESSENTIAL. We offer . 11:00am (PT) Your audience. This dynamic discussion highlights the expansion of diverse markets and strategies you can leverage to address this market shift. This is the course for you! We've expanded our Nontraditional Credit Guidelines. The Fannie Mae Learning Resource Center offers a wide range of materials to help you do business with Fannie Mae. Audience:Loan OriginatorsandMarketing Staff. These cookies dont collect information that identifies you personally as a visitor. These fees may have a direct impact to both lenders and borrowers. is here to help real estate & mortgage professionals of all experience levels stay educated. (Established professionals may also find this course a good refresher.). Let us help you build, strengthen and educate your team. WITH RESPECT TO THESE MATERIALS AND THE RELATED TRAINING. This desire to build further change resilience requires a reinvigorated leadership focus on growing our employees capabilities and enhancing processes that drive development. Increase your knowledge of fraud by understanding what defines it and how it impacts the mortgage industry. 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*. Friday 9 AM-6 PM ET. Need a refresher? A webinar training is any lecture, lesson, or another form of instruction delivered via webinar software. This course will help you strengthen your mortgage skills and knowledge. Learn on the go with the Radian National Training On Air podcast series. 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 The free sessions provide timely and strategic information about the business of learning, current trends impacting workforce development, best practices for training and talent management, and practical information on the latest tools and technology. 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. Strategies for Achievement Learned on a 500-Mile Trek Across Spain. 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. both public and private, who buy the mortgage notes.. Employee Engagement Survey conducted on an ongoing basis to monitor employee satisfaction. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. 6610 W. Broad St. Bldg. Whether you communicate in-person or online, with spoken words or written words, delivering a clear and compelling message is more challenging than ever. Get the latest updates, industry trends, and guideline changes on GSE-related policies. This website uses cookies so that we can provide you with the best user experience possible. Our financial products are offered/underwritten by one or more of the following:Genworth Life and Annuity Insurance Company; Genworth Life Insurance Company; Genworth Life Insurance Company of New York (only Genworth Life Insurance Company of New York is admitted in and conducts business in New York); Genworth Mortgage Insurance Corporation;Genworth Mortgage Insurance Corporation of North Carolina; Genworth Financial Assurance Corporation. As more employees move to work from home, companies are investing in tools and technologies that support a remote work environment. So how do you assist your next borrower and help them purchase the home of their dreams? Looking for more info on title services? Join IIL's free webinars, for skilling up on project management, leadership, agile and scrum, communication, and work-life balance. Fannie Mae has adjusted loan criteria and updated their systems to accommodate more borrowers without credit scores and help simplify the process for lenders, Residential appraisals continue to evolve. Login to track the status of your submitted claims and payments. Session 3 - Evaluating Credit, Capacity, Capital & Collateral. Share this document with a friend. This comprehensive webinar takes you on a step-by-step review of the Partnership and S Corporation tax returns. Check out our latest posts below, and be sure to listen in to our latest episode. Learn the key fields and information that can impact your borrower's loan application. This short video will show you how Radian supports these transactions. Learn the 3 big benefits of proving liquidity in your self-employed borrowers businesses. We also offer a selection of on-demand webinars, also up-to-date, but that can be watched at your convenience. 10 Keys to More Effective Presentation Skills. Access resources to First Time Home Buyers Education and Landlord Counseling. You can find out more about which cookies we are using or turn them off at any time in settings. Our financial products are offered/underwritten by one or more of the following:Genworth Life and Annuity Insurance Company; Genworth Life Insurance Company; Genworth Life Insurance Company of New York (only Genworth Life Insurance Company of New York is admitted in and conducts business in New York); Genworth Mortgage Insurance Corporation;Genworth Mortgage Insurance Corporation of North Carolina; Genworth Financial Assurance Corporation. Genworth is committed to helping families become more financially secure, self-reliant, and prepared for the future. Online virtual meetings are essential to successfully communicating with your customers and partners. These on-demand, quick-hitting videos bring you essential knowledge in 15 minutes or less. First Class Training for administration and facilities roles. With this course, acquire an increased awareness of the sources of fraud, learn ways to prevent fraudulent mortgage loans and discover how to effectively identify Red Flags. For years, the mortgage and real estate industries relied solely on the traditional appraisal report. Simplify your understanding of the most common liquid assets, industry guidelines, and required documentation. Browse Classes CLASS CALENDAR In this webinar, Andrew Oxley will teach you how to effectively deal with conflict. Discover how our homebuyer education program can connect you with more potential borrowers. Live webinars are valuable because they happen at a scheduled time and are a fun way to interact virtually with an expert trainer who engages participants and fields questions. 10:00am (PT) Learn how to calculate qualifying income for a self-employed borrower. Get step-by-step instructions on how to use mortgage origination and servicing tools. Starting an open and honest conversation with the people listed here will help create a plan that covers everyones needs. Building Your Business with Webinars, Facebook Live Events and YouTube. Date post: 28-May-2020: Category: Documents: Author: others View: 1 times: Download: 0 times: Download Report this document. and informed. SEB Webinars Deepen your knowledge with our Beyond Schedule C or Analyzing Schedule E Rental Income webinar. Microsoft Teams webinars Meet with customers and coworkers from nearly anywhere. 20-Minute Micro Session Our Essentials Training webinars are designed to deliver innovative, mortgage training courses to industry professionals like you. We do this by providing private mortgage insurance to low down-payment borrowers while protecting lenders and investors against losses related to default. 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. 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. 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. This module will look at eligible sources for funds to close and reserves (if applicable) as well as the requirements for asset documentation. Financial Professionals login optionsopens in new window, MyCarescout Login 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! 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. 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 . These fees may have a direct impact to both lenders and borrowers. In this third course of the Back to Basics Income Fundamentals series, we will apply the knowledge gained from Income Fundamentals 201 to accurately calculate qualifying income from paystubs, including base pay, overtime, bonuses and commission. Webinars Fulfill Your Training Needs with Webinars. But the system offers much more. Visit our COVID-19 page for the latest information on our COVID-19 temporary underwriting guidance given the GSEs' updates on Feb. 15, 2023. Success in mortgage lending starts with a high-performing team. Select State Select City All Topics Title Type State Date & Time Agent Focused - Centrevillie-Grassroots Marketing In-Person Event Virginia Correctly calculating income is fundamental to insuring a member qualifies for a loan. Customized marketing for loan originators, Explore the benefits of partnering with MGIC. 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. 30-Minute Session In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. estate industries relied solely on the traditional appraisal report. Are you ready for your next loan file featuring an ADU? Processors andUnderwriters. 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 . Mortgage Fundamentals is an essential course for those newer to the mortgage industry. Please enable Strictly Necessary Cookies first so that we can save your preferences! This session will provide an overview of this new industry-standard loan application, review its components and highlight key features and differences between it and the loan application used before it. Available formats: On-Site Training (Contact your Account Manager), Five Steps to Better Goal Setting and Planning. That's why we've expanded on the GSE's nontraditional credit guidelines to create accessibility for underserved, yet credit-worthy borrowers. TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. The COVID-19 pandemic has demanded so many changes over the past year, including how the mortgage industry reviews loan files. A conventional loan is a type of mortgage loan that is not insured or guaranteed by the government. This short video highlights some benefits, terms, and scenarios for your understanding. This hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. Instead, the loan is backed by private lenders, and its insurance is usually paid by the borrower. 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). Forgot username or password? Getting a mortgage is one of the most stressful things people go through. Gain quick access to the latest underwriting guidelines for MGIC mortgage insurance. Are you ready for your next loan file containing RSUs? Arch MI offers a mix of live and on-demand webinars and customized on-site training. General Dwight Eisenhower said, Plans are nothing. more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Fannie Mae has adjusted loan criteria and updated their systems to accommodate more borrowers without credit scores and help simplify the process for lenders. In a world where working remotely is common, we need to change how we do business. Watch Full Recording Register Now 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower Income 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. Most webinars grant participants access to the webinar series upon completion of the live webinar. Mortgage professionals participating in this course will learn Agency guidelines for income calculation and documentation. 30-Minute Session Join us as we demonstrate types, break-even points and more. Training solutions include a comprehensive list of items to help like job aids . 11:00am (PT) with Genworth functions, businesses, human resources managers, and talent development leaders. 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. Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. 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. 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. 60-Minute Session 20-Minute Micro Session Available formats: Webinar,On-Demand Video, The Basics of Self-Employed Borrower Income Calculation. 2023Essent Guaranty, Inc. All Rights Reserved. Confused about K-1s? Learn how to calculate qualifying income using a cash flow analysis method. Housing and Mortgage Market Review (HaMMR). 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. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. Radian Guaranty Inc. can help lower the risk for lenders making these types of loans, thereby helping potential borrowers qualify on a new construction property. Times and technology have changed creating a quicker, more cost-effective approach to the residential appraisal. Selecting this will open a country selector model view. 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. 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. Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! 20-Minute Micro Session 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. Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . 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. 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. 60-Minute Session Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. 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 You are protected MGIC's recorded tutorial videos are available on-demand and at no charge, offering the guidance you need, when you need it. For a first-time homebuyer, the process comes with a lot of unknowns. to the residential appraisal. 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. 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. In this step, you'll start putting together your webinar outline and lay down the groundwork i,e. Webinar Materials: https://www.mgic.com/training/seminar-materials/seb-corporations-financial-statement-review Heads up: This course assumes you are comfortable building income from tax returns. We use cookies to give you the best experience on our website. Give us a call or send an email using the contact information below. Earn free PDUs! 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). The pace of change in the marketplace has accelerated from fast to almost instantaneous. The practice exercises include various salaried, military, teacher and non-taxable income scenarios. Skip to Main Content Login/Register 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. National MI believes in expanding access to the American dream of homeownership. Advanced Knowledge of training needs analysis, design, and development. We have a history of valuing employee development at Genworth that is evident at every level in the organization. Participants will also learn how Validation services and third-party vendors are available to help us properly document a loan file. The thought of purchasing a home might be daunting for many. 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. Before your next file review, be sure you know what to expect. 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. In this course, we will dive into the fundamentals of self-employed borrower income calculation, including allowable add-backs and required deductions. 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 Audience:Loan Processors, Loan Processors and Jr. Underwriters. 2023 Genworth Financial, Inc. All rights reserved. When determining whether a webinar is the best medium for your needs, consider. 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. 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. 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. Advanced Knowledge of training needs analysis, design, and development. Start your day smarter. Connect with audiences through engaging webinars and events that support up to 1,000 participants. First, knowledge environment where you are and what you know. Our goal is to offer competitive pricing using risk-based technology while delivering outstanding service to our lender customers. 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. Don't forget to check out our MI Loan Submission Checklistto help you with the loan process. 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. Learn a full spectrum of mortgage concepts, from the fundamentals to the complex. Looking for more info on MI Online or need to register as a new user? To engage your team and provide competitive service while staying compliant, your employee training program needs to hit the mark. Intended Audience: New loan officers, processors and other mortgage operations professionals. 60-Minute Session Please check your mail and enter the code here. Its been discovered that motivated buyers will use the first person that calls them back 80% of the time. 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.