Build your core knowledge of the overall mortgage lifecycle, key terminology, loan products, and more! 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. 20-Minute Micro Session in group process facilitation, classroom instruction, and organizational effectiveness. 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. First, knowledge environment where you are and what you know. For years, the mortgage and real estate industries relied solely on the traditional appraisal report. Get registered for training on AEP, OEP, selling strategies, plans and products, technology tools, and more. Intermediate - Mortgage professional that is comfortable with mortgage terminology and loan programs and has an understanding of the 1003 fields, AUS results, collateral types, basic documentation Richmond, VA 23230. 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 . Best-selling author, Jennifer Powers, joins professional podcaster, Mark Tucker, for a 5-part series on Emotional Intelligence. Watch Full Recording Register Now 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower Income Do you and your borrower's know the options to bridge the gap between the purchase price and the appraised value? Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. 30-Minute Session 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. Get useful how-to guidance on setting up and managing these visual meetings. Find out why line items matter on a Schedule C! Never heard of SplitEdge? Radian Timely Topics: Understanding P&L and Business Bank Statement Creating Separation Between You and Your Competitors, Audience:Loan Originators, Managers and Marketing Staff. 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. The COVID-19 pandemic has demanded so many changes over the past year, including how the mortgage industry reviews loan files. Event Calendar - Enact Whether you are new to the industry or a veteran, MGIC courses are great for learning and refreshers!. Enhance your reputation by aligning your market, message and media. 1.800.511.8888. Customized marketing for loan originators, Explore the benefits of partnering with MGIC. We deliver skill-building training programs and special events right to your desk through our webinars. 30-Minute Session High demand and low inventory are driving purchase prices well above the list price. We understand each Servicers unique business practices and are committed to helping Servicers maintain an up-to-date and accurate portfolio. We have committed to developing our employees because these changes in the marketplace require new competencies. The practice exercises include various salaried, military, teacher and non-taxable income scenarios. 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. Strategies for Achievement Learned on a 500-Mile Trek Across Spain. Looking for more info on MI Online or need to register as a new user? Click here. Employee Engagement Survey conducted on an ongoing basis to monitor employee satisfaction. MGIC | How to Review an Appraisal What is a webinar and how does it work? A simple guide to webinar marketing Click here. 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 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. In reviewing each section, you will develop a broader understanding of the appraisal and the Sales Comparison Approach. Intended Audience: Mortgage professionals who have at least one years underwriting experience and a solid understanding of the various business structures and tax forms. Led by our team of experienced educators, youll get hands-on, practical training on topics that are relevant to your everyday operations. You are protected 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. On-Demand Learning - Radian Guaranty, Inc. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can . Strategic Business Partnerships with Genworth functions, businesses, human resources managers, and talent development leaders. Share this document with a friend. See what webinars are coming up! 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. Are you ready for your next loan file featuring an ADU? In a world where working remotely is common, we need to change how we do business. Watch Webinar Recording - MGIC 20-Minute Micro Session Hands-on exercises show you how to identify red flags and to understand the differences between fraud schemes and fraud techniques. These fees may have a direct impact to both lenders and borrowers. 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. Most webinars grant participants access to the webinar series upon completion of the live webinar. 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 training course will review basic concepts around property valuations, the various methods available to determine a property value, and key uses of property valuations. Suggested Prerequisite: Business Tax Returns 201, Unique Considerations for Partnerships and S Corporations. Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. With National MI University, you have access to training resources that cover more than just industry-leading topics. So how do you assist your next borrower and help them purchase the home of their dreams? Genworth has surveyed providers of various types of care across the country for 18 years. 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. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. 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. 60-Minute Session Properties with solar panels are becoming increasingly common and can have a big impact on mortgage financing. Get an overview of The Three Cs of mortgage banking including income/employment, assets/reserves and ratios. Understand how to manage your long term care insurance claim by learning what to expect, understanding the claims process and what happens next. 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. Starting an open and honest conversation with the people listed here will help create a plan that covers everyones needs. ESSENTIAL. LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. about experiencing the effects of aging firsthand. We are committed to help you plan for your long-term care needs and to helping you make informed decisions. 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 Review the W-2, 1120S & K1 Using Fannie Mae's 1084. Review and Calculate Miscellaneous Non-Employment Income, Review Income Sources (such as Public Assistance, Disability, Tips, Foster Care, Social Security), Appraisal Underwriting - Part I The Basics, Reviews Basic Appraisal Theory and the Concept of Market Value, Liabilities: Calculating and Modifying the DTI, Review the Relationship of the P&I vs. Borrower Debt to the DTI, Self-Employed Borrower Form 1084 Part I - The Personal Tax Return, Calculate Income for Fannie Mae from Personal Tax Returns, Review Basic Calculations of Salary and Hourly Income, Self-Employed Borrower Form 1084 Part II - The Business Tax Return, Calculate Income for Fannie Mae for Partnerships and S Corporations, Including K-1 Income, Effective Application Interviewing and Review, What is Needed for a Complete Uniform Residential Loan Application, Appraisal Underwriting - Part II Focus on the Sales Comparison, Current Issues Surrounding the Sales Comparison Section of the Uniform Residential Appraisal Form, Rental Income Calculator and Quick Reference Guide for Rental Income, Completion of Schedule F Using 1084 Cash Flow Analysis Form, Utilize Resources to Grow Business - Focus on Actions that Create Loyalty, Critical Thinking and Problem Solving: Structuring a Loan Application. Friday 9 AM-6 PM ET. FHA or Enact MI? 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. We will also discuss income continuance (when support documentation is required) and taxable vs. non-taxable income. both public and private, who buy the mortgage notes.. Discover how our homebuyer education program can connect you with more potential borrowers. Learn about the various tax returns and forms in this introductory class. You are protected Success in mortgage lending starts with a high-performing team. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. 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. Discover why you will, too. Learn how to calculate qualifying income for a self-employed borrower. 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?). 1-Day Course:This one-day hands-on fundamentals course delivers information that you can use to be a successful mortgage industry team member. 10 Steps for Planning a Successful Webinar - TechSoup Click, Looking for more info on MI Online or need to register as a new user? self-paced training, timely videos, podcasts, and instructor-led live webinar sessions. Genworth is committed to helping families become more financially secure, self-reliant, and prepared for the future. COURSES & REGISTRATION See our full list of upcoming classes and register. Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. At your fingertips: the latest bulletin announcements and MGIC news releases regarding industry changes. 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 Financial Professionals login optionsopens in new window, MyCarescout Login 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. This Timely Topics video will help you better understand those changes and impacts. Bring your calculator and be ready to practice what you learn. Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . New to the industry? One of our most important commitments is enriching the quality of life in our communities. Contact your Account Managerfor more information about this course. Forgot password? Underwriting - MGIC Join us as we demonstrate types, break-even points and more. ), the act of planning is where the value is. 60-Minute Session 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. 60-Minute Session Learning & Development | Genworth We offer . With National MI University, you have access to training resources that cover more than just industry-leading topics. Radian's MI Online customer portal makes submitting and activating MI quick and easy. 60-Minute Session Radian Guaranty Inc's MI Online customer portal offers you an easy tool to submit your MI order to Radian. Skip to Main Content Audience:Loan OriginatorsandMarketing Staff. In MGIC's Residential Appraisal Review training webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. more frequently is the Restricted Stock Unit or RSU being used as qualifying income. 2023Essent Guaranty, Inc. All Rights Reserved. That's why we've expanded on the GSE's nontraditional credit guidelines to create accessibility for underserved, yet credit-worthy borrowers. Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. Resources and training to support your business. Watch Webinar Recording How to Review an Appraisal This webinar was recorded on February 23, 2023. Available formats: Featured Webinar,OnDemand Video. 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. 11:00am (PT) 2, 8th Floor. Start your day smarter. 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. 11:00am (PT) Todays employers have found unique ways to compensate or reward their employees. National MI believes in expanding access to the American dream of homeownership. 30-Minute Session In this step, you'll start putting together your webinar outline and lay down the groundwork i,e. The real estate and housing markets are experiencing an unprecedented shortage of existing homes. Arch MI trains mortgage professionals to compete in todays fast-paced lending environment. Filing a Claim with Genworth Long Term Care Insurance Forms, Life Insurance Forms, or Annuities Forms. Leadership and Professional Development 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. Confused about K-1s? This video series, featuring Rene Rodriguez, will tackle some of your most complex challenges with simple steps that lead to positive results. 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. Our full-time trainers are mortgage industry experts. By Letter: Genworth Financial-SIU. Third-party cookies include performance cookies and targeted or advertising cookies. Learn a full spectrum of mortgage concepts, from the fundamentals to the complex. Stay connected to the latest mortgage insurance news, trends and expert insights with timely email alerts. March 2023. See plans and pricing Sign in Create connections and drive engagement with webinars Get started Learn how to host webinars in Microsoft Teams and find helpful resources. Gain industry knowledge and essential skills from the experts at MGIC, the industry's leading mortgage insurance authority. 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. Let's complete your profile. 10 Keys to More Effective Presentation Skills. We have sent a temporary Confirmation Code to the email address you provided. If you have a group for in-person, on-site training, we can provide that, too. Use Arch MI resources to assist you in your loan processing review. By using our website, you agree to our use of cookies. Expand your market of borrowers by learning the key points and unique features of the Fannie Mae HomeReady Program. Are you ready for the potential surge of Construction-to-Permanent loans as a result? 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. Key Partnerships with learning and development companies. Modules focus on the Three Cs of mortgage lending, including credit, income, assets and collateral. 550 East Swedesford Road Suite 350 Wayne, PA 19087 . The following Genworth training webinars deliver the advantage of a live instructor with the convenience of learning right from your desk. Third-party websites may use them to remember that you have visited a website, and this information is shared with other organisations such as media publishers. Understand and calculate basic types of borrower income, including second job and multiple job borrowers, contractual employees, base pay, overtime, and more. 1. Understand income trending and be introduced to the Arch MI Tax Return Analysis Calculator (AMITRAC). 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. Forgot username or password? Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Analyzing Appraisals for Single Family Residences, Identifying the Key Areas of the Uniform Residential Appraisal Report, Audience:Loan Processors and Underwriters. Housing and Mortgage Market Review (HaMMR). 12:00pm (PT) Financial Professionals login optionsopens in new window, MyCarescout Login 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. Dubai is different than Dallas, for example . In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. estate industries relied solely on the traditional appraisal report. Fine-tune your communication skills to improve sales performance. 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.