General Dwight Eisenhower said, Plans are nothing. 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. Identifies the key areas to focus on in the Uniform Residential Appraisal Report. The COVID-19 pandemic has demanded so many changes over the past year, including how the mortgage industry reviews loan files. Watch Full Recording Register Now 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower Income From setting realistic expectations, to understanding what drives borrower satisfaction, youll discover how to invest your time and effort for maximum return. Our foundations Series covers Real Estate Property Valuations Essentials. Intended Audience: Mortgage professionals seeking fundamental knowledge of asset documentation and various types of acceptable assets for qualifying for a mortgage loan. Training Resources Get instant access to the tools, guidance and training materials for our professional education courses. Click any title below to learn more and register. Get a guided tour of Schedule E as we take you through a cash flow analysis for a borrowers investment properties. Learn the two things customers need to trust to do business with you, what bothers borrowers and Realtors the most about the loan process, and how to separate yourself and sound different from the competition. Use Arch MI resources to assist you in your loan processing review. This video series, featuring Rene Rodriguez, will tackle some of your most complex challenges with simple steps that lead to positive results. As an added bonus, youll learn how to overcome common loan challenges and a formula for getting exceptions approved. Best-selling author, Jennifer Powers, joins professional podcaster, Mark Tucker, for a 5-part series on Emotional Intelligence. Learn the key fields and information that can impact your borrower's loan application. 60-Minute Session 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. Forgot username or password? Learn about checking and savings accounts, establishing ownership, stocks, bonds, mutual funds, and more. to the residential appraisal. We also offer a selection of on-demand webinars, also up-to-date, but that can be watched at your convenience. Indexes, margins, caps and more3/6, 5/6, 7/6 to explore. Why National MI? Ask Yourself Whether a Webinar Is the Right Tool for Your Needs. Practice determining frequency of pay and how to accurately qualify your salaried borrowers. Do you and your borrower's know the options to bridge the gap between the purchase price and the appraised value? Management Training Webinar Options. One of our most important commitments is enriching the quality of life in our communities. E-Learning: Remote Work Series. both public and private, who buy the mortgage notes.. Understand income trending and be introduced to the Arch MI Tax Return Analysis Calculator (AMITRAC). High demand and low inventory are driving purchase prices well above the list price. We'll review multiple Schedule C examples and complete a cash flow analysis for each. Learn the mathematical formulas for five key ratios used to assess the risk associated with mortgage loans. Our podcast library features industry leading experts from finance and personal growth. Interest rates are rising! Learn how to navigate the new Uniform Residential Loan Application (URLA), also known as the Fannie Mae Form 1003 and Freddie Mac Form 65. Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. Let's complete your profile. Get easy access to National MI courses and our previously recorded webinars. Essent Essentials K-1 Workshop is designed to shed light on the perplexities of income analysis for Partnerships and S-Corps. Resources and training to support your business. 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. Learn the five-step GRASS method, three common mistakes to avoid and the most important (and sometimes the most difficult) thing your plan should include. and informed. conducted on an ongoing basis to monitor employee satisfaction. 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. (888 436.9678) Monday - Thursday: 8:30 AM - 6 PM ET. The thought of purchasing a home might be daunting for many. This desire to build further change resilience requires a reinvigorated leadership focus on growing our employees capabilities and enhancing processes that drive development. Its been discovered that motivated buyers will use the first person that calls them back 80% of the time. Find out the actual cost of a variety of long term care options nationally, as well as right where you live. However, there are many resources, including required educational opportunities, available to help a new buyer navigate this process from start to finish. Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. You will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. We have sent a temporary Confirmation Code to the email address you provided. Our digital library includes learning modules, videos, frequently asked questions, demos . Enhance your understanding of self-employed borrowers and develop an understanding of the components of business tax returns. Visit our COVID-19 page for the latest information on our COVID-19 temporary underwriting guidance given the GSEs' updates on Feb. 15, 2023. Find what you need to know about MGICs mortgage insurance rates. How to Set Up and Conduct Virtual Meetings with Your Borrowers. 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. You may need to adjust your speaker volume. Educate, optimize and streamline your lending process with MGICs vast library of tools, resources and marketing materials. In this workshop, you'll learn how to identify when fraud and misrepresentation are occurring. Desktop Underwriter Training Webinar Slides . Reach NextGen, Multicultural, and Multigenerational Homebuyers and learn more about how you can better educate and serve this important and vital demographic. It's not rocket science, so why can't this be you? His podcasts present smart tips, expert guidance and innovative approaches that can transform your prospects. 20-Minute Micro Session 1. Your guide to using mortgage origination and servicing tools. Three keys to becoming a better listener. Building Your Business with Webinars, Facebook Live Events and YouTube. We deliver skill-building training programs and special events right to your desk through our webinars. 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 Separation Between You and Your Competitors, Audience:Loan Originators, Managers and Marketing Staff. TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. Learn how to calculate qualifying income for a self-employed borrower. 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. Financial Professionals login optionsopens in new window, MyCarescout Login Contact your Account Managerfor more information about this course. Led by our team of experienced educators, youll get hands-on, practical training on topics that are relevant to your everyday operations. Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. April 2020 Training Webinar Calendar Keywords: webinar, april, training Created Date: 3/12/2020 2:32:28 PM . 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. Stay connected to the latest mortgage insurance news, trends and expert insights with timely email alerts. 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. Get useful how-to guidance on setting up and managing these visual meetings. Learn on the go with the Radian National Training On Air podcast series. Hands-on exercises show you how to identify red flags and to understand the differences between fraud schemes and fraud techniques. E-LEARNING & Previous Webinars Get easy access to National MI courses and our previously recorded webinars. You are protected Times and technology have changed creating a quicker, more cost-effective approach to the residential appraisal. Richmond, VA 23230. While we hope that you will find our free TRID training resources on this site beneficial, we wanted to also provide you with a few other free TRID training resources that might be beneficial to you. Login to track the status of your submitted claims and payments. With National MI University, you have access to training resources that cover more than just industry-leading topics. (Established professionals may also find this course a good refresher.). 20-Minute Micro Session Login/Register to access the new Coverage & Care page featuring the Coverage Needs Estimator*. We design our products around what you need, whether youre just starting out or facing the issues of aging. 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. Understand the factors that make up a credit score, and the fundamentals of mortgage risk. 30-Minute Session One type of reward we are seeing. Learn how to support your Mortgage Insurance (MI) origination and servicing needs, including Non-Delegated MI, Delegated MI, and Contract Underwriting. You are protected Just use the dropdown menus to find the webinar or local event that's right for you. Click, Looking for more info on MI Online or need to register as a new user? Suggested Prerequisite: Business Tax Returns 101, Available formats: Webinar, OnDemand Video, Unique Considerations for Sole Proprietorships and Corporations. Genworth is committed to helping families become more financially secure, self-reliant, and prepared for the future. 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. Whether youre new to the industry or a seasoned professional, Faster Closings delivers something for everyone. IMPORTANT: Do not close this window until you enter the confirmation code. Get registered for training on AEP, OEP, selling strategies, plans and products, technology tools, and more. Sharing your expertise via online webinars helps establish you as a trusted financial advisor to a wide audience. 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). Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Essentials of Mortgage Lending (1 or 2-Day Course), Understanding the Fundamentals of Home Loans. Learn how to use the redesigned Uniform Residential Loan Application or URLA (also known as Fannie Mae Form 1003 and Freddie Mac Form 65), to process your loan application. Five Values that establish your intentions and ensure your communication is understood and acted on. Properties with solar panels are becoming increasingly common and can have a big impact on mortgage financing. 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. With National MI University, you have access to training resources that cover more than just industry-leading topics. 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. Learn how to calculate qualifying income for a self-employed borrower. 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. Dont worry! We've expanded our Nontraditional Credit Guidelines. We're committed to making a difference in our employees' lives. In a world where working remotely is common, we need to change how we do business. 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. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can . Gain industry knowledge and essential skills from the experts at MGIC, the industry's leading mortgage insurance authority. I always walk away with something, even if it's a little tip or trick, from every MGIC webinar.. Tune into expert insights on your favorite podcast app. Simplify your understanding of the most common liquid assets, industry guidelines, and required documentation. Give us a call or send an email using the contact information below. 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 That's why we've expanded on the GSE's nontraditional credit guidelines to create accessibility for underserved, yet credit-worthy borrowers.