The practice exercises include various salaried, military, teacher and non-taxable income scenarios. Employee Engagement Survey conducted on an ongoing basis to monitor employee satisfaction. Our full-time trainers are mortgage industry experts. In this course, we will introduce the various business structures, the tax forms used to report business income and demonstrate how income flows from business to personal tax returns. Advanced Knowledge of training needs analysis, design, and development. With guidance from an Essent facilitator, participants will practice calculating the eligible monthly qualifying income for four different variable income types. (888 436.9678) Monday - Thursday: 8:30 AM - 6 PM ET. 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. In a world where working remotely is common, we need to change how we do business. MGIC's recorded tutorial videos are available on-demand and at no charge, offering the guidance you need, when you need it. In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. 10 Keys to More Effective Presentation Skills. We use cookies to give you the best experience on our website. 10:00am (PT) Join us as we demonstrate types, break-even points and more. Educate, optimize and streamline your lending process with MGICs vast library of tools, resources and marketing materials. Knowing these costs is a first step in helping you plan for the future. This video highlights the functionality supported by Radian within Encompass to order and simplify the title process. In this short video, we will demonstrate how to notify Radian of a servicing transfer. Year after year, customers value working with us. Learn the 3 big benefits of proving liquidity in your self-employed borrowers businesses. What is a Webinar Training? A Comprehensive Guide - ClickMeeting 60-Minute Session These fees may have a direct impact to both lenders and borrowers. Planning is everything. While many things can affect a plan (COVID-19, anyone? in group process facilitation, classroom instruction, and organizational effectiveness. Enhance your understanding of self-employed borrowers and develop an understanding of the components of business tax returns. More and, more loan files reflect different types of, compensation. training.enactmi.com Blaine Rada, the host of Arch MI's Insights podcast series, is an experienced training coach and industry speaker who understands the challenges of competing for business in the mortgage marketplace. 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. 20-Minute Micro Session 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. Get a guided tour of Schedule E as we take you through a cash flow analysis for a borrowers investment properties. We are committed to help you plan for your long-term care needs and to helping you make informed decisions. Use Rate Express to compare your MI quote to FHA. 30-Minute Session Housing and Mortgage Market Review (HaMMR). The real estate and housing markets are experiencing an unprecedented shortage of existing homes. This video will provide the details you need for that next customer conversation. Mortgage professionals participating in this course will learn Agency guidelines for analyzing variable income in addition to learning how to identify potential sources of variable income. Learn how to calculate qualifying income for a self-employed borrower. Session 3 - Evaluating Credit, Capacity, Capital & Collateral. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter, Looking for more info on title services? Radian National Training. During this session we will discuss what DU reviews; the Importance of data integrity and we will highlight key areas of interest on the Summary Report and the UW Analysis Report. Webinar Materials: https://www.mgic.com/training/seminar-materials/appraisal During this webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. with Genworth functions, businesses, human resources managers, and talent development leaders. 6610 W. Broad St. Bldg. The footage of the webinar as well as an ear into the discussion can serve as a business resource after . Arch MI is excited to bring you this important information with industry professional Ginger Bell. Gain industry knowledge and essential skills from the experts at MGIC, the industrys leading mortgage insurance authority. Free CFPB & Federal Reserve TRID Webinars List of Upcoming Live and Recorded Professional Webinars - findcourses.com Originating and Underwriting Learning Center | Fannie Mae We prepare your frontline, compliance team, executive leadership and board of directors with comprehensive . Filter below to browse by topic, select format (such as Recorded), or display calendar view. Intended Audience: new loan officers, processors and other mortgage operations professionals. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. Watch Webinar Recording - MGIC Visit our Training catalog to register for an account using your NMLS ID. Expand your market of borrowers by learning the key points and unique features of the Fannie Mae HomeReady Program. Correctly calculating income is fundamental to insuring a member qualifies for a loan. Success leaves clues. Monday-Thursday 8:30 AM-6 PM ET. 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. Most webinars grant participants access to the webinar series upon completion of the live webinar. The Global Learning & Development team offers our employees opportunities to grow and develop in and out of the classroom. This module will look at eligible sources for funds to close and reserves (if applicable) as well as the requirements for asset documentation. Share this document with a friend. We have sent a temporary Confirmation Code to the email address you provided. So how do you assist your next borrower and help them purchase the home of their dreams? PDF Genworth Mortgage Insurance Training Course Catalog - Enact MI Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. Mortgage Market Conditions provides insight into the current market, the challenges facing today's mortgage professionals and suggests some Radian tools and resources you can leverage to connect with consumers. Get access to essential resources that can help make your job easier. National MI believes in expanding access to the American dream of homeownership. Preparing Form 1120, U.S. Corporation Income Tax Return Learn more about all of the training courses Arch MI has to offer! Click, Notice of Insurance Information Practices. In this course, we will focus on the unique considerations of Sole Proprietorships and Corporations. Customized marketing for loan originators, Explore the benefits of partnering with MGIC. Webinars - Sagen In this step, you'll start putting together your webinar outline and lay down the groundwork i,e. Before your next file review, be sure you know what to expect. We deliver skill-building training programs and special events right to your desk through our webinars. Now is the time to learn more about the ARM and how it can be beneficial to many. Date post: 28-May-2020: Category: Documents: Author: others View: 1 times: Download: 0 times: Download Report this document. This hands-on course includes analysis for a S-CORPORATION (1120-S/K-1) using a cash flow analysis method. Youll also review business tax returns and learn the differences between the business structures. Live Webinars. Audience:Loan Processors andJunior Underwriters. TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. Join IIL's free webinars, for skilling up on project management, leadership, agile and scrum, communication, and work-life balance. Available formats: Webinar,On-Demand Video, The Basics of Self-Employed Borrower Income Calculation. Audience:Loan Processors, Loan Processors and Jr. Underwriters. 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. The temporary buydown is making a comeback, but do you know how it works? 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. Toggle Nav. See what webinars are coming up! Learn how the Borrower-Paid Single Mortgage Insurance option works for borrowers and lenders. Creating a Customer Communication Strategy Plan, Keeping Customers Informed and Engaged in a Virtual World. 20-Minute Micro Session 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 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 . 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 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. Available formats: Webinar,OnDemand Video, Understanding Self-Employed Borrowers and Business Tax Returns, Audience:Loan Originators, Sr. We will also discuss income continuance (when support documentation is required) and taxable vs. non-taxable income. Mortgage Insurance | Genworth Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . 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. Learn More. Stay connected to the latest mortgage insurance news, trends and expert insights with timely email alerts. This short video will show you how Radian supports these transactions. Discover why you will, too. Intended Audience: new loan officers, processors and other mortgage operations professionals. Get the latest on regulations, GSEs and Fannie Mae and Freddie Mac policies. 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. You are protected 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. Visit our COVID-19 page for the latest information on our COVID-19 temporary underwriting guidance given the GSEs' updates on Feb. 15, 2023. 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. 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. 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. 2023 Genworth Financial, Inc. All rights reserved. TRID Compliance Training | TRID Guidelines, Rules, Regulations Management Training Webinar Options. Enhance your reputation by aligning your market, message and media. 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. 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. To view the calendar with all webinars click here. Use Arch MI resources to assist you in your loan processing review. 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 60-Minute Session Learn how to put our powerful solutions to work for your business. Invite your attendees, plan your event logistics, and decide on a webinar promotion strategy. Event Calendar - Enact technology have changed creating a quicker, mor. Mortgage Industry Training | MGIC Underwriting - MGIC 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. Loan Officer Resources - Enact MI The pace of change in the marketplace has accelerated from fast to almost instantaneous. 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?). We also offer a selection of on-demand webinars, also up-to-date, but that can be watched at your convenience. Leading the private mortgage insurance industry by supporting our customers and helping borrowers find a better way to achieve their dreams of homeownership. Secondary Market - Genworth Financial both public and private, who Understand the factors that make up a credit score, and the fundamentals of mortgage risk. Mortgage Training | Essent Guaranty Training Program and informed. We're committed to making a difference in our employees' lives. 30-Minute Session 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). This short video will give you the info you need to know for your next construction loan review. 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! of training needs analysis, design, and development. 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. 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. Find out the actual cost of a variety of long term care options nationally, as well as right where you live. Five Verbs that are the specific skills to make you a more effective communicator. Arch MI offers a mix of live and on-demand webinars and customized on-site training. One type of reward we are seeing more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Starting an open and honest conversation with the people listed here will help create a plan that covers everyones needs. In this mini-workshop we will discuss the basics of income calculation, including base, bonus, overtime and commission. Webinars - Training Industry Learn when and why social media can benefit your business, including tips on driving lead generation. Online virtual meetings are essential to successfully communicating with your customers and partners. This short video highlights some benefits, terms, and scenarios for your understanding. Learn the key fields and information that can impact your borrower's loan application. 2023Essent Guaranty, Inc. All Rights Reserved. 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. 60-Minute Session For years, the mortgage and real estate industries relied solely on the traditional appraisal report. This video series, featuring Rene Rodriguez, will tackle some of your most complex challenges with simple steps that lead to positive results. 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.
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