See what webinars are coming up! Firstly, you can select from our 16 off-the-shelf topics and we can run the webinar for your people or we can customise a webinar for you to cover exactly what you need.. Our clients like to use our existing webinar content and add a couple of sessions here . With guidance from an Essent facilitator, participants will practice calculating the eligible monthly qualifying income for four different variable income types. 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. 10:00am (PT) Educate, optimize and streamline your lending process with MGICs vast library of tools, resources and marketing materials. Starting an open and honest conversation with the people listed here will help create a plan that covers everyones needs. 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. Instead, the loan is backed by private lenders, and its insurance is usually paid by the borrower. self-paced training, timely videos, podcasts, and instructor-led live webinar sessions. That's where the deep financial services experience of OnCourse Learning can make all the difference. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can view . Understand the factors that make up a credit score, and the fundamentals of mortgage risk. Need a refresher? Share this document with a friend. 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. 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 . What is Trended Credit Data? We are often asked how mortgage insurance can support Construction-to-Permanent transactions. For years, the. 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. 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. Intended Audience: New loan officers, processors and other mortgage operations professionals. Understand what documents to gather, how to review and verify required documentation, and prepare the loan application for underwriting. Understanding a Significant Derogatory Credit Event, Identify Credit Events in a Borrower's Mortgage File, Learn the Basics for Personal Video Marketing, Fannie Mae and Freddie Mac - Understanding Your Options, Fundamental Differences in Fannie Mae and Freddie Mac, Understanding Desktop Underwriter - Advanced Guidelines and Updates, Explore Conventional Loan Options to Determine Best Options, Learn about Ability to Repay (ATR) and Qualified Mortgages (QM), Help each person develop a personal code of ethics to use in the mortgage industry, Terminology Used in the Mortgage Industry, Understanding Credit Reports and Credit Scores, Basics of Credit Reports and Credit Scores, Verify if the Loan has a Home Equity Line of Credit, Introduction to the TILA-RESPA Integrated Disclosure (TRID), Review the TILA-RESPA Integrated Disclosures (TRID), Self-Employed Borrower Basics Part II - Partnership, S-Corp and Corporations, Examine Business Returns in Detail using the Cash Flow Analysis Method, From Action to Impact: Time Management for Originators, Identify Impactful Steps Over Busy Actions, Self-Employed Borrower Basics Part I - The Personal Tax Return, Business Income Concepts for Calculating Qualifying Income, Look at options to use Mortgage Insurance, A History of Mortgage Banking and Understanding of a Loan File, Understanding Desktop Underwriter (DU) - The Basics, Introduction to Fannie Maes Automated Underwriting System (AUS) Desktop Underwriter, An Overview of the Residential Loan Application (URLA), Complete and/or Review the Uniform Residential Loan Application, Understanding Loan Product Advisor - The Basics, Determine if a Borrower is in the US Legally for Mortgage Origination Purposes, How to Be Productive, Efficient And Valued, Appraisal Review: With Guidance for Rural Properties, Review Guidelines, Documentation Requirements, Best Practices and Issues Round, Overview of the Basics of Mortgage Insurance, Self-Employed Borrower Form 91 Part I - The Personal Tax Return, Calculate Income for Freddie Mac from Personal Tax Returns, How MCC Can be Used to Qualify Borrowers for HFA Loans, NAR 2022 Profile of Home Buyers and Sellers, Self-Employed Borrower Form 1084 Part I - The Personal Tax Return Webinar, Self-Employed Borrower Form 1084 Part II - The Business Tax Return Webinar, Review and Calculate Miscellaneous Employment Income Webinar, Calculating Income - The Exercises Webinar, Review Schedule E - Rental Income Webinar, Understanding Desktop Underwriter - Advanced Guidelines and Updates Webinar, Understanding Loan Product Advisor - Advanced Guidelines and Updates Webinar, Review Schedule C - Sole Proprietor Webinar, Self-Employed Borrower Form 91 Part I - The Personal Tax Return Webinar, Self-Employed Borrower Form 91 Part II - The Business Tax Return Webinar, Navigating Mutual Threats & Opportunities with your Realtor partners, Guide in understanding customers and their needs, Fannie Mae and Freddie Mae Year-End communications, Understanding the Basics of Freddie Mac's Refi Possible and Fannie Mae's RefiNOW, Fannie Mae and Freddie Mac's Low Income Refinance Options, Self-Employed Borrower Form 91 Part II - The Business Tax Return, Calculate Income for Freddie Mac for Partnerships and S Corporations, Including K-1 Income. Webinars Fulfill Your Training Needs with Webinars. More and, more loan files reflect different types of, compensation. 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. conducted on an ongoing basis to monitor employee satisfaction. In this course, we will dive into the fundamentals of self-employed borrower income calculation, including allowable add-backs and required deductions. Radian Guaranty Inc's MI Online customer portal offers you an easy tool to submit your MI order to Radian. National. 60-Minute Session 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. 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. ----Course title center---/> ----Course title center---/> ----NAV BAR---> Home; Getting Started; My Progress; Catalog; Live Calendar; Calculators; EnactMI.com This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. Contact yourArch MI Account Managerfor details. We've expanded our Nontraditional Credit Guidelines. Get access to helpful tools that can help make your job easier. 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. Training Training Essentials Training Courses & Registration Class Calendar Self-Paced Learning Income Analysis Tools Collateral Analysis Tools Essentials Training Team Essentials Live Essent Training Guides Education for Homebuyers Training ESSENTIALS TRAINING Sign up for live webcasts, learn about key topics at your own pace or The case study includes analysis for apartnership (K-1/1065)and a corporation (1120). In this short video, Radian National Training will touch on how these fixtures can impact the mortgage process. Best-selling author, Jennifer Powers, joins professional podcaster, Mark Tucker, for a 5-part series on Emotional Intelligence. Join one of our live webinars or learn on-demand at your own pace. Our complimentary trainings highlighted below support our vision of a diverse, engaged and inclusive workforce. 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). Webinars, on the other hand, are more controlled, and the participants have clear roles: One or several experts (the presenters) share their ideas or provide training to an audience (the attendees). Understand and calculate basic types of borrower income, including second job and multiple job borrowers, contractual employees, base pay, overtime, and more. (Established professionals may also find this course a good refresher.). Planning for the Future with Your Spouse or Partner, Lets Talk: Conversations That Make A Difference, Talking To Aging Parents About Their Plans for the Future. 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. 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. In the first quarter of 2018, conventional loans were used for 74% of all . 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. 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 Genworths success is dependent on our response to that change. Learn the differences between FNMA & FHLMC guidelines for calculating your self-employed borrowers income when they own a K-1 business. Why National MI? Discover how our homebuyer education program can connect you with more potential borrowers. Learn how to calculate qualifying income for a self-employed borrower. You are protected Get a guided tour of Schedule E as we take you through a cash flow analysis for a borrowers investment properties. We will also discuss income continuance (when support documentation is required) and taxable vs. non-taxable income. by ensuring employees have a deep understanding of our industry, business, and customers, as well as applying that knowledge in their role. Find what you need to know about MGICs mortgage insurance rates. View Borrower Education NextGen, Multicultural, Multigenerational With this demand, buyers are paying more than the home is being appraised for. 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. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. We will simplify it, so you can easily understand how it works, and its potential benefits. 2-Day Course:This two-day course, designed with industry newcomers in mind, provides an overview of mortgage lending from A to Z. Modules range from industry terminology and property types, to the basics of understanding credit, income, the loan application and more! A webinar, short for 'web-based seminar', is an online presentation, meeting, or workshop that allows individuals or groups to interact in real time. Todays employers have found unique ways to, compensate or reward their employees. 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. Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . Whether youre new to the industry or a seasoned professional, Faster Closings delivers something for everyone. Are you ready to work with your customers when the appraisal comes in lower than the purchase price? 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 Looking for more info on title services? In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. Processors andUnderwriters. 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. Long Term Care Insurance Forms, Life Insurance Forms, or Annuities Forms. Times and technology have changed creating a quicker, more cost-effective approach to the residential appraisal. . This video series, featuring Rene Rodriguez, will tackle some of your most complex challenges with simple steps that lead to positive results. Get access to essential resources that can help make your job easier. Learn the 3 big benefits of proving liquidity in your self-employed borrowers businesses. 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. 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. Creating an outline for your webinar content is easy if you already have a goal in mind. 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. Available formats: On-Site Training (Contact your Account Manager), Five Steps to Better Goal Setting and Planning. Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. We design our products around what you need, whether youre just starting out or facing the issues of aging. Financial Professionals login optionsopens in new window, MyCarescout Login Before your next file review, be sure you know what to expect. 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. Competitive advantages are the reasons people do business with you that go beyond low rates and fees, but how do you describe things like excellent service and trust without sounding like everyone else? 90 minutes. As more employees move to work from home, companies are investing in tools and technologies that support a remote work environment. Creating Separation Between You and Your Competitors, Audience:Loan Originators, Managers and Marketing Staff. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. Webinar steps Before the webinar The organizer: Schedules the webinar well in advance, usually by several weeks. Filter below to browse by topic, select format (such as Recorded), or display calendar view. The First Decision Approval video covers all the key underwriting documents required to obtain an MI Approval for non-delegated submissions. 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. Mortgage fraud has been around a long time and it continues to be one of the fastest-growing crimes in the United States. One type of reward we are seeing. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. The footage of the webinar as well as an ear into the discussion can serve as a business resource after . 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. This short video will give you the info you need to know for your next construction loan review. Intended Audience: new loan officers, processors and other mortgage operations professionals. *The Coverage Needs Estimator is not available for all policy forms. Processors andUnderwriters. You can also watch this short video to learn more about the benefits or RADAR Rates for you and your borrowers and how to easily obtain rate quotes. 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. 60-Minute Session about experiencing the effects of aging firsthand. His podcasts present smart tips, expert guidance and innovative approaches that can transform your prospects. Tune into expert insights on your favorite podcast app. 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. Suggested Prerequisite: Business Tax Returns 101, Available formats: Webinar, OnDemand Video, Unique Considerations for Sole Proprietorships and Corporations. 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. Click, Notice of Insurance Information Practices. Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. Radian Guarantys SplitEdge MI, commonly called a split premium, divides the MI premium flexibly, between an upfront payment, and reduced monthly payments! 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). 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. Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. During this session we will discuss what LPA reviews; the Importance of data integrity and we will highlight key areas of interest on the Feedback Certificate. Arch MI trains mortgage professionals to compete in todays fast-paced lending environment. You may need to adjust your speaker volume. Five Verbs that are the specific skills to make you a more effective communicator. We also offer a selection of on-demand webinars, also up-to-date, but that can be watched at your convenience. technology have changed creating a quicker, mor. Intended Audience: Mortgage professionals seeking fundamental knowledge of asset documentation and various types of acceptable assets for qualifying for a mortgage loan. Identifies the key areas to focus on in the Uniform Residential Appraisal Report. You are protected Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. Get useful how-to guidance on setting up and managing these visual meetings. Conventional loans are much more common than government-backed financing. Strategic Business Partnerships with Genworth functions, businesses, human resources managers, and talent development leaders. Forgot username or password? Never heard of SplitEdge? Whether you are a seasoned mortgage professional or new to mortgage servicing, this refresher contains a lot of useful information to ensure success when working with Radian. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. Build your core knowledge of the overall mortgage lifecycle, key terminology, loan products, and more! Selecting this will open a country selector model view. You will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Forgot password? MGIC's recorded tutorial videos are available on-demand and at no charge, offering the guidance you need, when you need it. Discover how our homebuyer education program can connect you with more potential borrowers. Click, Looking for more info on MI Online or need to register as a new user? 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. Desktop Underwriter Training Webinar Slides . That's why we bring our deep expertise, insightful offerings and extra mile service to work every day to help lenders bring the dream of homeownership to more people. 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. 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. 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 . Available formats: Webinar,On-Demand Video, The Basics of Self-Employed Borrower Income Calculation. In addition, registered users can also sign up for email and text notifications, elect to go paperless, assign a delegate for your policy and much more. A webinar training is any lecture, lesson, or another form of instruction delivered via webinar software. We deliver skill-building training programs and special events right to your desk through our webinars. In April 2020 alone, there was a reported 10% decline in self-employed individuals. Gain industry knowledge and essential skills from the experts at MGIC, the industry's leading mortgage insurance authority. 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. This short video will define the LLPA, discuss the upcoming changes, and review ways for you to support your customers. How to Set Up and Conduct Virtual Meetings with Your Borrowers. Genworth has surveyed providers of various types of care across the country for 18 years. 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 how to calculate qualifying income using a cash flow analysis method. to the residential appraisal. Long Term Care Insurance Claims. 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. We use cookies to give you the best experience on our website. Calculating income for self-employed borrowers is an ongoing challenge. 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. Whether you are new to the industry or a veteran, MGIC courses are great for learning and refreshers!. Confused about K-1s? This stimulating presentation will get you thinking through the next steps to your best year yet. 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. Learn how to differentiate yourself from the competition and gain market share by becoming the best choice for mortgages among borrowers and Realtors. 30-Minute Session Our Valentine's Day gift to you 13 webinar . Modules focus on the Three Cs of mortgage lending, including credit, income, assets and collateral. with Genworth functions, businesses, human resources managers, and talent development leaders. (888 436.9678) Monday - Thursday: 8:30 AM - 6 PM ET. Stay connected to the latest mortgage insurance news, trends and expert insights with timely email alerts. 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.
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