Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Login to track the status of your submitted claims and payments. This Timely Topics video will help you better understand those changes and impacts. Accessory Dwelling Units or ADU's are becoming more common in mortgage transactions, yet many are unaware of the specific guideline requirements for this type of property. Whether youre new to the industry or a seasoned professional, Faster Closings delivers something for everyone. 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. Whether youve been in the business for decades or have just taken on a new role, youll benefit from 10 tips for communicating effectively with mortgage referral partners to gain a regular stream of business. One type of reward we are seeing more frequently is the Restricted Stock Unit or RSU being used as qualifying income. You can find out more about which cookies we are using or turn them off at any time in settings. Right now, you can know you're getting the right MI rate for your borrowers by quoting with MiQ. Are you ready for your next loan file featuring an ADU? Best-selling author, Jennifer Powers, joins professional podcaster, Mark Tucker, for a 5-part series on Emotional Intelligence. Cookies help us improve your website experience. Want to gain a better understanding of earnings, distributions and liquidity analysis? These on-demand, quick-hitting videos bring you essential knowledge in 15 minutes or less. 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. Need a refresher? Mortgage Fundamentals is an essential course for those newer to the mortgage industry. Understand income trending and be introduced to the Arch MI Tax Return Analysis Calculator (AMITRAC). Reach NextGen, Multicultural, and Multigenerational Homebuyers and learn more about how you can better educate and serve this important and vital demographic. Find what you need to know about MGICs mortgage insurance rates. Click, Looking for more info on MI Online or need to register as a new user? 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. (Established professionals may also find this course a good refresher.). Access resources to First Time Home Buyers Education and Landlord Counseling. Use Rate Express to compare your MI quote to FHA. 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. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. Hands-on exercises show you how to identify red flags and to understand the differences between fraud schemes and fraud techniques. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Long Term Care Insurance Claims. 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. Learn about checking and savings accounts, establishing ownership, stocks, bonds, mutual funds, and more. 10 Keys to More Effective Presentation Skills. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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! Join one of our live webinars or learn on-demand at your own pace. This is the course for you! The COVID-19 pandemic has demanded so many changes over the past year, including how the mortgage industry reviews loan files. Calculating income for self-employed borrowers is an ongoing challenge. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. Learn on the go with the Radian National Training On Air podcast series. That's where the deep financial services experience of OnCourse Learning can make all the difference. 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 In a world where working remotely is common, we need to change how we do business. Discover how our homebuyer education program can connect you with more potential borrowers. ----Course title center---/> ----Course title center---/> ----NAV BAR---> Home; Getting Started; My Progress; Catalog; Live Calendar; Calculators; EnactMI.com 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. Please note:There is a nominal fee for this course. His podcasts present smart tips, expert guidance and innovative approaches that can transform your prospects. Give us a call or send an email using the contact information below. The mortgage industry is starting to see the documentation reflecting those impacts in loan files. First Class Training for administration and facilities roles. With this course, acquire an increased awareness of the sources of fraud, learn ways to prevent fraudulent mortgage loans and discover how to effectively identify Red Flags. 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. Three keys to becoming a better listener. Never heard of SplitEdge? 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. From mortgage industry and GSE updates to technical AUS training and professional development, there's something for every skill level and role. 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. 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. Planning for the Future with Your Spouse or Partner, Lets Talk: Conversations That Make A Difference, Talking To Aging Parents About Their Plans for the Future. Monday-Thursday 8:30 AM-6 PM ET. Practice calculating variable income analysis using two commonly encountered types of income. Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . E-Learning: Remote Work Series. Suggested Prerequisite: Business Tax Returns 101, Available formats: Webinar, OnDemand Video, Unique Considerations for Sole Proprietorships and Corporations. Intended Audience: new loan officers, processors and other mortgage operations professionals. 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 have a history of valuing employee development at Genworth that is evident at every level in the organization. You are protected Training solutions include a comprehensive list of items to help like job aids . We will simplify it, so you can easily understand how it works, and its potential benefits. 10:00am (PT) 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. 30-Minute Session But the system offers much more. 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. 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. Five Verbs that are the specific skills to make you a more effective communicator. Watch Full Recording 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. Looking for more info on title services? This comprehensive webinar takes you on a step-by-step review of the Partnership and S Corporation tax returns. The real estate and housing markets are experiencing an unprecedented shortage of existing homes. Get a guided tour of Schedule E as we take you through a cash flow analysis for a borrowers investment properties. 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 . Watch Webinar Recording How to Review an Appraisal This webinar was recorded on February 23, 2023. Filter below to browse by topic, select format (such as Recorded), or display calendar view. Fine-tune your communication skills to improve sales performance. This course provides home buyers, borrowers, lenders, and professionals in the mortgage industry an overview of key Title essentials, and answers to Title-related questions. Get the latest on regulations, GSEs and Fannie Mae and Freddie Mac policies. We'll review multiple Schedule C examples and complete a cash flow analysis for each. With National MI University, you have access to training resources that cover more than just industry-leading topics. These fees may have a direct impact to both lenders and borrowers. 3. Selecting this will open a country selector model view. We also offer a selection of on-demand webinars, also up-to-date, but that can be watched at your convenience. Get access to essential resources that can help make your job easier. 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. Learn the key fields and information that can impact your borrower's loan application. Get useful how-to guidance on setting up and managing these visual meetings. In this workshop, you'll learn how to identify when fraud and misrepresentation are occurring. Find everything you need to succeed right here, whether it be training, lead generation or networking. Radian Timely Topics: Understanding P&L and Business Bank Statement Requirements. Webinar Materials: https://www.mgic.com/training/seminar-materials/seb-corporations-financial-statement-review Heads up: This course assumes you are comfortable building income from tax returns. 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. Arch MI offers a mix of live and on-demand webinars and customized on-site training. In a world where working remotely is common, we need to change how we do business. In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. Keeping these cookies enabled helps us to improve our website and display content that is more relevant to you and your interests. 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). 20-Minute Micro Session 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.
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