In addition, registered users can also sign up for email and text notifications, elect to go paperless, assign a delegate for your policy and much more. 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 practice exercises include various salaried, military, teacher and non-taxable income scenarios. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. Webinars Fulfill Your Training Needs with Webinars. In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. Visit our COVID-19 page for the latest information on our COVID-19 temporary underwriting guidance given the GSEs' updates on Feb. 15, 2023. ), the act of planning is where the value is. You are protected We offer 2 different options for you when it comes to running management webinars for your leaders. New to the industry? Processors andUnderwriters. Please join this 1-hour webinar that will be led by David MacDonald and Susan Seto who will provide in-depth insights and recommendations that you can use to develop your own strategies and programs to engage with your own customers who may be turning to you and your staff for help. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. Mortgage Fundamentals is an essential course for those newer to the mortgage industry. Sagen offers professional development workshops that . Increase your knowledge of fraud by understanding what defines it and how it impacts the mortgage industry. Webinars are an excellent way to share important information, build brand authority, showcase . (Established professionals may also find this course a good refresher.). The footage of the webinar as well as an ear into the discussion can serve as a business resource after . 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. Calculating income for self-employed borrowers is an ongoing challenge. Gain industry knowledge and essential skills from the experts at MGIC, the industrys leading mortgage insurance authority. Forgot password? These fees may have a direct impact to both lenders and borrowers. 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. Bring your calculator and be ready to practice what you learn. View Borrower Education NextGen, Multicultural, Multigenerational How to Read AUS Findings Like a PRO, Focus on Assets: Acceptable Documentation and Eligible Sources, K-1 Comparison - The Differences Between FNMA and FHLMC (Micro Session), LPA Live! Intended Audience: New loan officers, processors and other mortgage operations professionals. Practice calculating variable income analysis using two commonly encountered types of income. Give your loved ones the confidence of knowing they will always be cared for. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 24/7 access Online library of interactive courses 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 Explore On-Demand Foundation On-Demand Series Get access to essential resources that can help make your job easier. Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. Toggle Nav. Starting an open and honest conversation with the people listed here will help create a plan that covers everyones needs. Enhance your understanding of self-employed borrowers and develop an understanding of the components of business tax returns. What is Trended Credit Data? Whether you are a seasoned mortgage professional or new to mortgage lending, this video contains a lot of useful information to ensure success when working with Radian. If you have ever thought to yourself, how does she get it all done or how does he have time to attend classes while working full time, then this course is for you. 60-Minute Session Start planning for long term care so they can live life with confidence. We'll review what each ratio represents, why and how it is used in an analysis and where and how it functions in the decision-making process. Browse Classes CLASS CALENDAR In reviewing each section, you will develop a broader understanding of the appraisal and the Sales Comparison Approach. Let us help you build, strengthen and educate your team. Learn how to activate borrower paid deferred MI with the click of a button! The mortgage industry is starting to see the documentation reflecting those impacts in loan files. 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. 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. Creating an outline for your webinar content is easy if you already have a goal in mind. self-paced training, timely videos, podcasts, and instructor-led live webinar sessions. Led by our team of experienced educators, youll get hands-on, practical training on topics that are relevant to your everyday operations. 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). Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . 872012 Genworth Financial, Inc. All rights . One type of reward we are seeing. In addition, registered users can also sign up for email and text notifications, elect to go paperless, assign a delegate for your policy and much more. To engage your team and provide competitive service while staying compliant, your employee training program needs to hit the mark. In the first quarter of 2018, conventional loans were used for 74% of all . Want to close more loans FASTER? This video will provide the details you need for that next customer conversation. Live webinar training is also designed to accommodate busy employees who wish to extend their knowledge in different areas during the workday. This short video highlights some benefits, terms, and scenarios for your understanding. TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. Learn how to navigate the AMITRAC in this short webinar, An Introduction to Business Tax Structures, Forms and Cash Flow, Audience:Loan Originators, Loan Processors, Underwriters. Learn the key fields and information that can impact your borrower's loan application. 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. We also offer a selection of on-demand webinars, also up-to-date, but that can be watched at your convenience. 30-Minute Session Use Arch MI resources to assist you in your loan processing review. Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. 60-Minute Session We've expanded our Nontraditional Credit Guidelines. These cookies dont collect information that identifies you personally as a visitor. Get access to helpful tools that can help make your job easier. Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. 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. Join "LinkedIn Whisperer" Brynne Tillman for session three of the "Mastering LinkedIn for Mortgage Professionals" series where shell uncover a crucial aspect of social selling. Most webinars grant participants access to the webinar series upon completion of the live webinar. 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! Give us a call or send an email using the contact information below. 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. Getting a mortgage is one of the most stressful things people go through. LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. Desktop Underwriter Training Webinar Slides . Do you and your borrower's know the options to bridge the gap between the purchase price and the appraised value? During this session, we will break down K-1s for both Partnerships and S Corporations and demonstrate how to calculate qualifying income. The thought of purchasing a home might be daunting for many. We have a history of valuing employee development at Genworth that is evident at every level in the organization. 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. 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. With this demand, buyers are paying more than the home is being appraised for. Housing and Mortgage Market Review (HaMMR). Login/Register to access the new Coverage & Care page featuring the Coverage Needs Estimator*. Financial Professionals login optionsopens in new window, MyCarescout Login 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. Financial Professionals login optionsopens in new window, MyCarescout Login 1065/K-1 Partnership Analysis (with Schedule F) - Self-Employed Borrower, 1065/K-1 Partnership Analysis Self-Employed Borrower, 1120 Corporation Analysis - Self-Employed Borrower, 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower, Analyzing Income for the Self-Employed Borrower, DU Live! You are protected 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. Click any title below to learn more and register. Click here. Processors andUnderwriters. Need a refresher? Planning is everything. While many things can affect a plan (COVID-19, anyone? Learn More. Here is a list of some of our favorite free TRID training links: Free CFPB TRID Implementation Page. Watch our step-by-step video tutorials on how to use Radians MI Online platform. Our customer service team is here to help you and your family with claims or answer questions. Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! Obstacles in affordability can be rough speed bumps on the road to homeownership, but we work hard to make the dream of homeownership a reality. Learn how to navigate the new Uniform Residential Loan Application (URLA), also known as the Fannie Mae Form 1003 and Freddie Mac Form 65. Toggle Nav. The case study includes analysis for apartnership (K-1/1065)and a corporation (1120). Watch. by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. Understand income trending and be introduced to the Arch MI Tax Return Analysis Calculator (AMITRAC). In this short video, Radian National Training will touch on how these fixtures can impact the mortgage process. National MI believes in expanding access to the American dream of homeownership. It's as easy as 3,2,1! We prepare your frontline, compliance team, executive leadership and board of directors with comprehensive . If you have a group for in-person, on-site training, we can provide that, too. Live Webinars. This webinar was recorded on January 24, 2023. The COVID-19 pandemic has demanded so many changes over the past year, including how the mortgage industry reviews loan files. . Times and technology have changed creating a quicker, more cost-effective approach to the residential appraisal. In this mini-workshop we will discuss the basics of income calculation, including base, bonus, overtime and commission. 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. 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. Self-Employed Borrower Form 91 Part I - The Personal Tax Return Webinar April 17, 2023 @ 12PM EST Self-Employed Borrower Form 91 Part II - The Business Tax Return Webinar April 24, 2023 @ 12PM EST Navigating Mutual Threats & Opportunities with your Realtor partners Guide in understanding customers and their needs . Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. 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. Navigating and Evaluating Personal Tax Returns, Audience:Loan Originators, Loan Processors and Underwriters. It requires that our employees embrace the need to regularly evaluate their own knowledge and skill sets. Contact Customer Service. Arch MIs accredited public speaker and industry expert, Blaine Rada, will share his story of personal challenge and valuable lessons gained during his month-long trek across Spain, unplugged from modern life, technology and the nine-to-five routine. 60-Minute Session Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. April 2020 Training Webinar Calendar Keywords: webinar, april, training Created Date: 3/12/2020 2:32:28 PM . 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. Intended Audience: new loan officers, processors and other mortgage operations professionals. Get useful how-to guidance on setting up and managing these visual meetings. The temporary buydown is making a comeback, but do you know how it works? ----Course title center---/> ----Course title center---/> ----NAV BAR---> Home; Getting Started; My Progress; Catalog; Live Calendar; Calculators; EnactMI.com 60-Minute Session Creating Separation Between You and Your Competitors, Audience:Loan Originators, Managers and Marketing Staff. But after this 60-minute webinar, you'll be able read one like a pro. 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. Radian Timely Topics: Understanding P&L and Business Bank Statement Requirements. *The Coverage Needs Estimator is not available for all policy forms. Quickly refresh or expand your industry knowledge and skills with our new Magic Minutes training series, Evaluating & Calculating Borrowers Income. First, knowledge environment where you are and what you know. Audience:Loan OriginatorsandMarketing Staff. We deliver skill-building training programs and special events right to your desk through our webinars. In April 2020 alone, there was a reported 10% decline in self-employed individuals. Audience:Loan Processors, Loan Processors and Jr. Underwriters. 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. Watch Webinar Recording Self-Employed Borrowers - Focus on Corporations and Financial Statements This webinar was recorded on January 26, 2023. 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. 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. 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. 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. This hands-on course includes analysis for a S-CORPORATION (1120-S/K-1) using a cash flow analysis method. Whether you are a seasoned mortgage professional or new to mortgage servicing, this refresher contains a lot of useful information to ensure success when working with Radian. The following Genworth training webinars deliver the advantage of a live instructor with the convenience of learning right from your desk. Our goal is to offer competitive pricing using risk-based technology while delivering outstanding service to our lender customers. Are you ready to discuss the Adjustable Rate Mortgage (ARM) option with your customers? 90-Minute Session Forgot password? One type of reward we are seeing more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Intended Audience: Mortgage professionals who have at least one years underwriting experience and a solid understanding of the various business structures and tax forms. 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. 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. Select State Select City All Topics Title Type State Date & Time Agent Focused - Centrevillie-Grassroots Marketing In-Person Event Virginia In this course, we will dive into the fundamentals of self-employed borrower income calculation, including allowable add-backs and required deductions. To view the calendar with all webinars click here. 888 Genworth. Skip to Main Content Quickly review the guidelines, requirements and submission options you need to service your MI-insured loans. 2, 8th Floor. Selecting this will open a country selector model view. Long Term Care Insurance Forms, Life Insurance Forms, or Annuities Forms. 12:00pm (PT) 1.800.511.8888. MGIC > Introducing MGIC's Magic Minutes Training Series Quickly refresh or expand your industry knowledge and skills with our new Magic Minutes training series, Evaluating & Calculating Borrowers' Income. Watch Full Recording This short video will define the LLPA, discuss the upcoming changes, and review ways for you to support your customers. Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. When determining whether a webinar is the best medium for your needs, consider. Understand how to manage your long term care insurance claim by learning what to expect, understanding the claims process and what happens next. Audience:Loan Processors andJunior Underwriters. Learn how to support your Mortgage Insurance (MI) origination and servicing needs, including Non-Delegated MI, Delegated MI, and Contract Underwriting. Our Essentials Training webinars are designed to deliver innovative, mortgage training courses to industry professionals like you. 30-Minute Session 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. This personalized tool provides information to help you think about the median cost of care you may require in the future, and see how estimated future coverage may align with potential long-term care needs. IN NO EVENT SHALL GENWORTH BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER WITH RESPECT TO THE TRAINING AND THE MATERIALS.