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. 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. Customized marketing for loan originators, Explore the benefits of partnering with MGIC. Select State Select City All Topics Title Type State Date & Time Agent Focused - Centrevillie-Grassroots Marketing In-Person Event Virginia Tune into expert insights on your favorite podcast app. 30-Minute Session How to Read a Credit Report in Under 5 Minutes - MGIC Learn the key fields and information that can impact your borrower's loan application. Starting an open and honest conversation with the people listed here will help create a plan that covers everyones needs. Contact your Account Managerfor more information about this course. Practice determining frequency of pay and how to accurately qualify your salaried borrowers. Session 3 - Evaluating Credit, Capacity, Capital & Collateral For example, in April 2020 alone, there was a reported 10% decline in self-employed individuals, causing a direct impact on your borrower . 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. Getting a mortgage is one of the most stressful things people go through. to make learning and development activities more flexible, global, cost effective, and engaging. Five Values that establish your intentions and ensure your communication is understood and acted on. Understand and calculate basic types of borrower income, including second job and multiple job borrowers, contractual employees, base pay, overtime, and more. 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. Radian's MI Online customer portal makes submitting and activating MI quick and easy. Training solutions include a comprehensive list of items to help like job aids . about experiencing the effects of aging firsthand. Fannie Mae has adjusted loan criteria and updated their systems to accommodate more borrowers without credit scores and help simplify the process for lenders. This video will provide the details you need for that next customer conversation. We design our products around what you need, whether youre just starting out or facing the issues of aging. 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. Led by our team of experienced educators, youll get hands-on, practical training on topics that are relevant to your everyday operations. more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Intended Audience: new loan officers, processors and other mortgage operations professionals. 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. Understand what documents to gather, how to review and verify required documentation, and prepare the loan application for underwriting. 20-Minute Micro Session 60-Minute Session 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. Strategic Business Partnerships with Genworth functions, businesses, human resources managers, and talent development leaders. Our employees make a difference in people's lives every day. Success in mortgage lending starts with a high-performing team. We've expanded our Nontraditional Credit Guidelines. Conventional Loan Training Courses - The Mortgage Training Center We have a history of valuing employee development at Genworth that is evident at every level in the organization. Arch MI offers a mix of live and on-demand webinars and customized on-site training. TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. In MGIC's Residential Appraisal Review training webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. Intended Audience: New loan officers, processors and other mortgage operations professionals. Arch Mortgage | USMI - Training Resources 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. Start your day smarter. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Now is the time to learn more about the ARM and how it can be beneficial to many. See what webinars are coming up! 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. 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. Audience:Loan Processors, Loan Processors and Jr. Underwriters. Want to gain a better understanding of earnings, distributions and liquidity analysis? Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! 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. This Timely Topics video will help you better understand those changes and impacts. 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 In this webinar, Ginger Bell will demonstrate how to share your screen with borrowers via virtual meetings and record videos using Zoom. You are protected It's not rocket science, so why can't this be you? Financial Professionals login optionsopens in new window, MyCarescout Login Our goal is to offer competitive pricing using risk-based technology while delivering outstanding service to our lender customers. 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. Our full-time trainers are mortgage industry experts. Click, Notice of Insurance Information Practices. Mortgage fraud has been around a long time and it continues to be one of the fastest-growing crimes in the United States. In this course, we will focus on the unique considerations of Sole Proprietorships and Corporations. Keeping these cookies enabled helps us to improve our website and display content that is more relevant to you and your interests. Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. Learn how to put our powerful solutions to work for your business. Why National MI? 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.