Build your core knowledge of the overall mortgage lifecycle, key terminology, loan products, and more! 3. This short video highlights some benefits, terms, and scenarios for your understanding. 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. Audience:Loan Processors andJunior Underwriters. Your guide to using mortgage origination and servicing tools. In this course, we will dive into the fundamentals of self-employed borrower income calculation, including allowable add-backs and required deductions. self-paced training, timely videos, podcasts, and instructor-led live webinar sessions. The real estate and housing markets are experiencing an unprecedented shortage of existing homes. 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?). 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. To get started with ordering MI and servicing assistance from MGIC, begin with a review of our submission options and helpful resources. This webinar was recorded on January 24, 2023. Review 8 FAQs about assets and get the answers! Earn free PDUs! Interpersonal Skills 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. With National MI University, you have access to training resources that cover more than just industry-leading topics. Essentials of Mortgage Lending (1 or 2-Day Course), Understanding the Fundamentals of Home Loans. 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. Learn some of the industry lingo while exploring the importance of Valid AUS Findings to the loan file. Our podcast library features industry leading experts from finance and personal growth. Training Resources Get instant access to the tools, guidance and training materials for our professional education courses. 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*. Radian Timely Topics: Understanding P&L and Business Bank Statement Requirements. This comprehensive webinar takes you on a step-by-step review of the Partnership and S Corporation tax returns. First, knowledge environment where you are and what you know. Check out our latest posts below, and be sure to listen in to our latest episode. Properties with solar panels are becoming increasingly common and can have a big impact on mortgage financing. View Borrower Education NextGen, Multicultural, Multigenerational The Global Learning & Development team offers our employees opportunities to grow and develop in and out of the classroom. Sign up here. Todays employers have found unique ways to, compensate or reward their employees. Sharing your expertise via online webinars helps establish you as a trusted financial advisor to a wide audience. 2, 8th Floor. In this hands-on course, you'll learn the proper adjustments to help qualify your borrowers. High demand and low inventory are driving purchase prices well above the list price. Available formats: Webinar,OnDemand Video, Understanding Self-Employed Borrowers and Business Tax Returns, Audience:Loan Originators, Sr. 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. Understand what documents to gather, how to review and verify required documentation, and prepare the loan application for underwriting. Discover how our homebuyer education program can connect you with more potential borrowers. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. Richmond, VA 23230. Employee Engagement Survey conducted on an ongoing basis to monitor employee satisfaction. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. It requires that our employees embrace the need to regularly evaluate their own knowledge and skill sets. Are you prepared to review self-employed income document changes due to the drastic influences of the pandemic. Gain industry knowledge and essential skills from the experts at MGIC, the industrys leading mortgage insurance authority. 20-Minute Micro Session Creating a Customer Communication Strategy Plan, Keeping Customers Informed and Engaged in a Virtual World. How to Set Up and Conduct Virtual Meetings with Your Borrowers. Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. 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 A conventional loan is a type of mortgage loan that is not insured or guaranteed by the government. They also provide insight to help you better understand diverse homebuyers and their needs. Skip to Main Content These on-demand, quick-hitting videos bring you essential knowledge in 15 minutes or less. 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. Selecting this will open a country selector model view. Suggested Prerequisite: Business Tax Returns 101, Available formats: Webinar, OnDemand Video, Unique Considerations for Sole Proprietorships and Corporations. Right now, you can know you're getting the right MI rate for your borrowers by quoting with MiQ. About Mortgage Insurance, Why Mortgage Insurance, Why Private MI over FHA, Underwriting Options, Delegated Underwriting, Non-Delegated Underwriting, Underwriting Guidelines & Checklists, Underwriting Guidelines, Delegated Required Documents, Non-Delegated Required Documents, Current Bulletins, Products & Rates, Premium Product Comparison, Agency Coverage Requirements, Borrower-Paid MI, Lender-Paid MI, Affordable Lending, Traditional Rate Cards, Refund Schedule, Cancelling Borrower-Paid MI, MI Cancellation Flyer, MI Cancellation FAQs, HoPA Cancellation, Non-HoPA Cancellation, Credit Union Archived Bulletins, Credit Union Rate Cards, Podcast Catalog, Training Catalog, Featured Training of the Month, E-Learning Log In, Reaching NextGen, Multicultural & Multigenerational Home Buyers, Borrower Education, About Rate GPS, Rate GPS User Guide, Rate GPS FAQs, AXIS Log In, AXIS Quick Start Guide, AXIS FAQs, AXIS Resources, Mortgage Qualification, Fixed Rate Mortgage Payments, Adjustable Rate Mortgage Payments, Balloon Mortgage Payments, Digital TRID Pencil Calculator, Master Policy Resources, Master Policy, Rescission Relief Guide, Servicing Guide, Underwriting Resources, Economic Market Snapshot, Board of Directors, Events & Presentations, Historic Stock Lookup. 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? Gain industry knowledge and essential skills from the experts at MGIC, the industry's leading mortgage insurance authority. Skip to Main Content Free CFPB & Federal Reserve TRID Webinars Get useful how-to guidance on setting up and managing these visual meetings. 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. Ask Yourself Whether a Webinar Is the Right Tool for Your Needs. I always walk away with something, even if it's a little tip or trick, from every MGIC webinar.. Login to track the status of your submitted claims and payments. 872012 Genworth Financial, Inc. All rights . These fees may have a direct impact to both lenders and borrowers. 1-Day Course:This one-day hands-on fundamentals course delivers information that you can use to be a successful mortgage industry team member. Keeping these cookies enabled helps us to improve our website and display content that is more relevant to you and your interests. 11:00am (PT) Getting a mortgage is one of the most stressful things people go through. Why National MI? Genworth is committed to helping families become more financially secure, self-reliant, and prepared for the future. technology have changed creating a quicker, mor. We also offer a selection of on-demand webinars, also up-to-date, but that can be watched at your convenience. Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. Targeted or advertising cookies collect information about your browsing habits. Desktop Underwriter Training Webinar Slides . Learn how to differentiate yourself from the competition and gain market share by becoming the best choice for mortgages among borrowers and Realtors. 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! Whether youre new to the industry or a seasoned professional, Faster Closings delivers something for everyone. 30-Minute Session Webinar steps Before the webinar The organizer: Schedules the webinar well in advance, usually by several weeks. IMPORTANT: Do not close this window until you enter the confirmation code. 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. Correctly calculating income is fundamental to insuring a member qualifies for a loan. Visit our COVID-19 page for the latest information on our COVID-19 temporary underwriting guidance given the GSEs' updates on Feb. 15, 2023. and informed. Click, Looking for more info on MI Online or need to register as a new user? 60-Minute Session 60-Minute Session Do you and your borrower's know the options to bridge the gap between the purchase price and the appraised value? Leading the private mortgage insurance industry by supporting our customers and helping borrowers find a better way to achieve their dreams of homeownership. 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. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. 60-Minute Session Most webinars grant participants access to the webinar series upon completion of the live webinar. Our employees make a difference in people's lives every day. This video will provide the details you need for that next customer conversation. Contact your Account Managerfor more information about this course. Genworth has surveyed providers of various types of care across the country for 18 years. Forgot username or password? Learn the mathematical formulas for five key ratios used to assess the risk associated with mortgage loans. Want to gain a better understanding of earnings, distributions and liquidity analysis? That's why we've expanded on the GSE's nontraditional credit guidelines to create accessibility for underserved, yet credit-worthy borrowers. 20-Minute Micro Session Find everything you need to succeed right here, whether it be training, lead generation or networking. Advanced Knowledge of training needs analysis, design, and development. We deliver skill-building training programs and special events right to your desk through our webinars. Are you ready for your next loan file featuring an ADU? This module will look at eligible sources for funds to close and reserves (if applicable) as well as the requirements for asset documentation. Use Arch MI resources to assist you in your loan processing review. more frequently is the Restricted Stock Unit or RSU being used as qualifying income. In less than 10 minutes, we will define it, discuss Desktop Underwriter as it relates to trended credit data and talk about the impact that trended credit data will have on Arch MI-insured loans. (Established professionals may also find this course a good refresher.). Creating Separation Between You and Your Competitors, Audience:Loan Originators, Managers and Marketing Staff. 10:00am (PT) 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. Identifies the key areas to focus on in the Uniform Residential Appraisal Report. in group process facilitation, classroom instruction, and organizational effectiveness. 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. This training course will review basic concepts around property valuations, the various methods available to determine a property value, and key uses of property valuations. Please note:There is a nominal fee for this course. Educate, optimize and streamline your lending process with MGICs vast library of tools, resources and marketing materials. The marketplace can be challenging, and salespeople must differentiate themselves to create and retain clients and referral partners. Available formats: On-Site Training (Contact your Account Manager), Five Steps to Better Goal Setting and Planning. 60-Minute Session Plan and outline your content. Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. We offer 2 different options for you when it comes to running management webinars for your leaders. Building Your Business with Webinars, Facebook Live Events and YouTube. We have committed to developing our employees because these changes in the marketplace require new competencies. 1. In this mini-workshop we will discuss the basics of income calculation, including base, bonus, overtime and commission. Third-party cookies include performance cookies and targeted or advertising cookies. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can view . This short video will show you how Radian supports these transactions. 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. 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. Watch Full Recording Register Now 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower Income 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 . 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. 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. 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. 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). See more reasons why customers love teaming up with us. Contact Customer Service. 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. 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. Strengthen your understanding of the industry with our self-paced education. 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 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. Delivered by respected financial services industry experts, our webinars are timely, relevant and engaging. 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. SEB Webinars Deepen your knowledge with our Beyond Schedule C or Analyzing Schedule E Rental Income webinar. Watch Webinar Recording Self-Employed Borrowers - Focus on Corporations and Financial Statements This webinar was recorded on January 26, 2023. By using our website, you agree to our use of cookies. 1.800.511.8888. In this 60-minute online workshop, you'll learn the why behind allowable add-backs in the cash flow analysis of investment property and receive hands-on practice using our Cash Flow Analysis Worksheet. TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. As more employees move to work from home, companies are investing in tools and technologies that support a remote work environment. Available formats: Webinar,On-Demand Video, The Basics of Self-Employed Borrower Income Calculation. 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 You are protected 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. As an added bonus, youll learn how to overcome common loan challenges and a formula for getting exceptions approved. Processors andUnderwriters. Radian Guaranty Inc's MI Online customer portal offers you an easy tool to submit your MI order to Radian. 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. This course will help you strengthen your mortgage skills and knowledge. To assist our customers in facing the challenges of this changing work structure, our Essentials Training team has designed a series of micro-learning topics that focus on the skills . For a first-time homebuyer, the process comes with a lot of unknowns. We prepare your frontline, compliance team, executive leadership and board of directors with comprehensive . 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. Interest rates continue to rise to levels we have not seen in years. Enhance your reputation by aligning your market, message and media. We've expanded our Nontraditional Credit Guidelines. TRID also regulates how much lenders can . 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. with Genworth functions, businesses, human resources managers, and talent development leaders. It's as easy as 3,2,1! 90 minutes. 60-Minute Session General Dwight Eisenhower said, Plans are nothing. Planning your presentation can help your delivery appear more natural and engaging. Give us a call or send an email using the contact information below. Your audience. We're committed to making a difference in our employees' lives. Before your next file review, be sure you know what to expect. 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. 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 Five Values that establish your intentions and ensure your communication is understood and acted on. Browse Classes CLASS CALENDAR Embed Size (px . estate industries relied solely on the traditional appraisal report. 60-Minute Session Use Rate Express to compare your MI quote to FHA. Login/Register We will also discuss income continuance (when support documentation is required) and taxable vs. non-taxable income. One of our most important commitments is enriching the quality of life in our communities. 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. Interest rates are rising! 30-Minute Session April 2020 Training Webinar Calendar Keywords: webinar, april, training Created Date: 3/12/2020 2:32:28 PM . both public and private, who buy the mortgage notes.. To engage your team and provide competitive service while staying compliant, your employee training program needs to hit the mark. Select State Select City All Topics Title Type State Date & Time Agent Focused - Centrevillie-Grassroots Marketing In-Person Event Virginia At your fingertips: the latest bulletin announcements and MGIC news releases regarding industry changes. In this session, Dr. Bruce Lund, founder of the top entrepreneur coaching business, 90-Day Sales Manager, can show you how to be a master at following up! 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.