30-Minute Session High demand and low inventory are driving purchase prices well above the list price. We design our products around what you need, whether youre just starting out or facing the issues of aging. 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. Why National MI? At your fingertips: the latest bulletin announcements and MGIC news releases regarding industry changes. ), the act of planning is where the value is. 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. Year after year, customers value working with us. In this session, plan to take inventory of your connections and identify whom you want to re-engage with and how. National MI believes in expanding access to the American dream of homeownership. Are you ready for your next loan file containing RSUs? 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. 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. 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 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. From setting realistic expectations, to understanding what drives borrower satisfaction, youll discover how to invest your time and effort for maximum return. Earn free PDUs! Get access to essential resources that can help make your job easier. Five Values that establish your intentions and ensure your communication is understood and acted on. 60-Minute Session Login/Register to access the new Coverage & Care page featuring the Coverage Needs Estimator*. Whether you are new to the industry or a veteran, MGIC courses are great for learning and refreshers!. 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. is here to help real estate & mortgage professionals of all experience levels stay educated. A webinar, short for 'web-based seminar', is an online presentation, meeting, or workshop that allows individuals or groups to interact in real time. Defining common terms and theories, such as nonrecurring vs. recurring income or expenses, distributions and guaranteed payments, will help you develop a clearer picture of your self-employed borrower's income and financial standing. Planning your presentation can help your delivery appear more natural and engaging. Today its essential to meet with borrowers virtually and show howhow to upload documents, review conditions or appraisals is important. Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. April 2020 Training Webinar Calendar Keywords: webinar, april, training Created Date: 3/12/2020 2:32:28 PM . Learn how to support your Mortgage Insurance (MI) origination and servicing needs, including Non-Delegated MI, Delegated MI, and Contract Underwriting. Intended Audience: new loan officers, processors and other mortgage operations professionals. 60-Minute Session That's why we've expanded on the GSE's nontraditional credit guidelines to create accessibility for underserved, yet credit-worthy borrowers. Skip to Main Content We are often asked how mortgage insurance can support Construction-to-Permanent transactions. At the end of the study, they concluded that there were three core factors to success. Get the latest updates, industry trends, and guideline changes on GSE-related policies. Forgot password? Click, Looking for more info on MI Online or need to register as a new user? Our full-time trainers are mortgage industry experts. Planning is everything. While many things can affect a plan (COVID-19, anyone? 800-444-5664 action.center@enactmi.com EnactMI.com ABOUT US There's no place like home. Learn the mathematical formulas for five key ratios used to assess the risk associated with mortgage loans. Want to close more loans FASTER? 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. It requires that our employees embrace the need to regularly evaluate their own knowledge and skill sets. 1-Day Course:This one-day hands-on fundamentals course delivers information that you can use to be a successful mortgage industry team member. 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. 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. 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. Arch MIs accredited public speaker and industry expert, Blaine Rada, will share his story of personal challenge and valuable lessons gained during his month-long trek across Spain, unplugged from modern life, technology and the nine-to-five routine. 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. 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. 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*. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. 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. 2, 8th Floor. Use Arch MI resources to assist you in your loan processing review. In this workshop, you'll learn how to identify when fraud and misrepresentation are occurring. Creating Separation Between You and Your Competitors, Audience:Loan Originators, Managers and Marketing Staff. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter, Looking for more info on title services? 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. Embed Size (px . Course Info & Materials Download Course Materials Case 1 - Lisa Foreman Case Slide 2 - Preparing Personal Tax Returns Using CCH Taxprep Slides Practice Cases 1 - Case 1 2 - Case 2 3 - Case 3 Difficulty & Length Estimated Time: 4 hours Difficulty: Beginner Course Curriculum 1 - Section 1 1 of 3 1.1 Lesson Form 1120 2 of 3 1.2 Lesson Form 1120 3 of 3 Watch Full Recording Need a refresher? Arch MI trains mortgage professionals to compete in todays fast-paced lending environment. This video will provide the details you need for that next customer conversation. This module will look at eligible sources for funds to close and reserves (if applicable) as well as the requirements for asset documentation. Are you ready to discuss the Adjustable Rate Mortgage (ARM) option with your customers? 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. We've expanded our Nontraditional Credit Guidelines. Browse Classes CLASS CALENDAR You are protected Getting a mortgage is one of the most stressful things people go through. Most webinars grant participants access to the webinar series upon completion of the live webinar. 60-Minute Session This course provides home buyers, borrowers, lenders, and professionals in the mortgage industry an overview of key Title essentials, and answers to Title-related questions. E-LEARNING & Previous Webinars Get easy access to National MI courses and our previously recorded webinars. One type of reward we are seeing more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Whether you communicate in-person or online, with spoken words or written words, delivering a clear and compelling message is more challenging than ever. (Established professionals may also find this course a good refresher.). Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. Jun 2016 - Present6 years 10 months. 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. Learn how to calculate qualifying income for a self-employed borrower. 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 . Identifies the key areas to focus on in the Uniform Residential Appraisal Report. This stimulating presentation will get you thinking through the next steps to your best year yet. Navigating and Evaluating Personal Tax Returns, Audience:Loan Originators, Loan Processors and Underwriters. The temporary buydown is making a comeback, but do you know how it works? Click here. Our new Timely Topics video can assist you in preparing for these changes. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. For a first-time homebuyer, the process comes with a lot of unknowns. 30-Minute Session 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. Financial Professionals login optionsopens in new window, MyCarescout Login You are protected Build your core knowledge of the overall mortgage lifecycle, key terminology, loan products, and more! The marketplace can be challenging, and salespeople must differentiate themselves to create and retain clients and referral partners. ESSENTIAL. Our Valentine's Day gift to you 13 webinar . 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 . 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. Suggested Prerequisite: Business Tax Returns 101, Available formats: Webinar, OnDemand Video, Unique Considerations for Sole Proprietorships and Corporations. Get useful how-to guidance on setting up and managing these visual meetings. Login/Register Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. Use Rate Express to compare your MI quote to FHA. By using our website, you agree to our use of cookies. Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. 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 hands-on course includes analysis for a PARTNERSHIP (1065/K-1/Schedule F) using a cash flow analysis method. Learn more about all of the training courses Arch MI has to offer! I always walk away with something, even if it's a little tip or trick, from every MGIC webinar.. View Borrower Education NextGen, Multicultural, Multigenerational In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. Its been discovered that motivated buyers will use the first person that calls them back 80% of the time. For years, the mortgage and real estate industries relied solely on the traditional appraisal report. by providing an environment where employees can share their expertise in a manner that is timely, easily understood, and fosters their role as a trusted advisor to our business leaders. Radian's MI Online customer portal makes submitting and activating MI quick and easy. We offer 2 different options for you when it comes to running management webinars for your leaders. Webinars Fulfill Your Training Needs with Webinars. Delivered by respected financial services industry experts, our webinars are timely, relevant and engaging. Essentials of Mortgage Lending (1 or 2-Day Course), Understanding the Fundamentals of Home Loans. 60-Minute Session Our employees make a difference in people's lives every day. 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? Residential appraisals continue to evolve. Watch our step-by-step video tutorials on how to use Radians MI Online platform. Are you ready for the potential surge of Construction-to-Permanent loans as a result? This hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. Intended Audience: new loan officers, processors and other mortgage operations professionals. Looking for more info on MI Online or need to register as a new user? But after this 60-minute webinar, you'll be able read one like a pro. Our webinars, e-learning courses, and podcasts help you stay connected to your customers by providing relevant social media strategies, tips on increasing sales productivity, techniques for developing a growth mindset, and more. In this 1-hour webinar, we will show you threeeasymethods to begin using immediately to achieve next level productivity in both your personal and professional life. 20-Minute Micro Session Practice calculating variable income analysis using two commonly encountered types of income. Learning Technology to make learning and development activities more flexible, global, cost effective, and engaging. more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Join us for a lively discussion on ARM components, how to accurately qualify your borrower and when it is the right "fit" for your scenario. New to the industry? Best-selling author, Jennifer Powers, joins professional podcaster, Mark Tucker, for a 5-part series on Emotional Intelligence. This Timely Topics video will help you better understand those changes and impacts. 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! 60-Minute Session Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. 3. Your audience. ----Course title center---/> ----Course title center---/> ----NAV BAR---> Home; Getting Started; My Progress; Catalog; Live Calendar; Calculators; EnactMI.com When determining whether a webinar is the best medium for your needs, consider. Strategic Business Partnerships with Genworth functions, businesses, human resources managers, and talent development leaders. Training solutions include a comprehensive list of items to help like job aids . Give your loved ones the confidence of knowing they will always be cared for. 60-Minute Session The First Decision Approval video covers all the key underwriting documents required to obtain an MI Approval for non-delegated submissions. Share this document with a friend. Participants will also learn how Validation services and third-party vendors are available to help us properly document a loan file. *The Coverage Needs Estimator is not available for all policy forms. Find what you need to know about MGICs mortgage insurance rates. 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?). Toggle Nav. 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 pace of change in the marketplace has accelerated from fast to almost instantaneous. Intended Audience: New loan officers, processors and other mortgage operations professionals. 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 1. 888 Genworth. Customized marketing for loan originators, Explore the benefits of partnering with MGIC. Hands-on exercises show you how to identify red flags and to understand the differences between fraud schemes and fraud techniques. Join one of our live webinars or learn on-demand at your own pace. Get an overview of The Three Cs of mortgage banking including income/employment, assets/reserves and ratios. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. For example, in April 2020 alone, there was a reported 10% decline in self-employed individuals, causing a direct impact on your borrower . Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. Learn about the variety of red flags you will encounter when reviewing loan files and how to identify fraud schemes. Get the latest on regulations, GSEs and Fannie Mae and Freddie Mac policies. 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. Enhance your reputation by aligning your market, message and media. 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. 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. The Fannie Mae Learning Resource Center offers a wide range of materials to help you do business with Fannie Mae. 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 Making the Loan Application Process Easier, Audience:Loan Originators and Loan Processors. The COVID-19 pandemic has demanded so many changes over the past year, including how the mortgage industry reviews loan files. Just use the dropdown menus to find the webinar or local event that's right for you. Watch Full Recording Register Now 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower Income Learn how the Borrower-Paid Single Mortgage Insurance option works for borrowers and lenders. Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! In April 2020 alone, there was a reported 10% decline in self-employed individuals. Dont worry! 30-Minute Session To get started with ordering MI and servicing assistance from MGIC, begin with a review of our submission options and helpful resources. Discover, the keys to having your best year ever, the most important (yet often missing) part of the formula for success, and disciplines you often dont think about. The case study includes analysis for apartnership (K-1/1065)and a corporation (1120). 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. 20-Minute Micro Session Performance cookies collect information about how you use our website, which helps us improve functionality and your user experience. and informed. 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. Understand income trending and be introduced to the Arch MI Tax Return Analysis Calculator (AMITRAC). Obstacles in affordability can be rough speed bumps on the road to homeownership, but we work hard to make the dream of homeownership a reality. Understand and calculate basic types of borrower income, including second job and multiple job borrowers, contractual employees, base pay, overtime, and more. Contact your Account Managerfor more information about this course. . 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. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. In this first Back to Basics course, we review acceptable income for mortgage qualification, including employment and non-employment sources. Creating an outline for your webinar content is easy if you already have a goal in mind. Todays employers have found unique ways to, compensate or reward their employees. Coming up Build Engaging Presentations. 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 to work with your customers when the appraisal comes in lower than the purchase price? 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. At Sagen, our trained mortgage information specialists are here to answer your questions, provide more information on our value-added products and services, and help you with any other aspect of doing business with us. Strategic Business Partnerships with Genworth functions, businesses, human resources managers, and talent development leaders. 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. 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. Discover how our homebuyer education program can connect you with more potential borrowers. In addition to our extensive recorded course catalog and in-person training opportunities, Genworth also offers tons of live webinars where you can ask questions in real-time. 10:00am (PT) For years, the. Employee Engagement Survey conducted on an ongoing basis to monitor employee satisfaction. 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. technology have changed creating a quicker, mor. Find out why line items matter on a Schedule C! conducted on an ongoing basis to monitor employee satisfaction. 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. 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. both public and private, who buy the mortgage notes.. Selecting this will open a country selector model view. 6610 W. Broad St. Bldg. Correctly calculating income is fundamental to insuring a member qualifies for a loan. How to Set Up and Conduct Virtual Meetings with Your Borrowers. Contact yourArch MI Account Managerfor details. FHA or Enact MI? Gain industry knowledge and essential skills from the experts at MGIC, the industrys leading mortgage insurance authority. Click any title below to learn more and register. Learn simple techniques you can use to set loans up for success. 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. 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. With National MI University, you have access to training resources that cover more than just industry-leading topics. Arch MI is excited to bring you this important information with industry professional Ginger Bell. 10:00am (PT) We deliver skill-building training programs and special events right to your desk through our webinars. First Class Training for administration and facilities roles. 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. 30-Minute Session Your guide to using mortgage origination and servicing tools. Led by our team of experienced educators, youll get hands-on, practical training on topics that are relevant to your everyday operations. Creating a Customer Communication Strategy Plan, Keeping Customers Informed and Engaged in a Virtual World. 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 .